Archive for May, 2009

« Older Entries - Newer Entries »

Bondholder group reaches deal for up to 25% of GM

5 months, 3 weeks ago

General Motors Corp. said Thursday that a group representing many of its largest bondholders had accepted a proposal offering as much as a 25 percent stake in exchange for not ...

Visteon files for Chapter 11 bankruptcy

5 months, 3 weeks ago

Auto parts supplier Visteon Corp. said Thursday it (along with some of its U.S. units) has filed for Chapter 11 bankruptcy protection, as the company struggles with reduced demand from ...

Nearly 20% of U.S. cars will be hybrids by 2020, forecast says

5 months, 3 weeks ago

JPMorgan auto analysts are predicting the global market for hybrid cars will grow more than 23-fold to 11.28 million vehicles by 2020 and account for nearly one in five cars ...

Metaldyne files for Chapter 11 bankruptcy protection

5 months, 3 weeks ago

Metaldyne Corp. announced today that it has filed for Chapter 11 bankruptcy protection and has entered into two nonbinding letters of intent to sell a majority of its assets, The ...

Japan braces for GM bankruptcy

5 months, 3 weeks ago

More than 100 Japanese companies face possible bad debts if General Motors Corp. files for bankruptcy, a private credit research agency said Wednesday and the Associated Press reported.
GM has close ...

Japanese automakers’ vehicle output slides further

5 months, 3 weeks ago

The Associated Press reported Thursday that global production at Toyota Motor Corp. continued to decline last month. Global vehicle production at the world’s largest automaker  tumbled 46.5 percent in April from a ...

Toyota revving Prius production to meet demand

5 months, 3 weeks ago

Toyota Motor Corp. is revving up production of its hit Prius to meet better-than-expected demand for the latest version of the world’s top-selling hybrid, the Japanese automaker said Wednesday, the ...

GM spins off Europe assets

5 months, 3 weeks ago

General Motors Corp. set the course today for its European operations to break away as a separate company, transferring all European factories and patents debt-free to a German subsidiary, the ...

Nardelli updates employees on final stages of alliance restructuring

5 months, 3 weeks ago

Dear Employees,
We’re now in the final stages of our effort to complete our alliance with Fiat and create a vibrant new car company. In line with our commitment to keep ...

GM to take back 5 Delphi plants, contract details show

5 months, 3 weeks ago

General Motors Corp. has agreed to assume ownership of five Delphi Corp. plants in the United States and operate the UAW-manned factories as a wholly owned subsidiary, according to union ...

« Older Entries - Newer Entries »

You are currently browsing the The Scoop archives for May, 2009.

Archives

Categories