Enter your username and password.
-
more about #bankruptcy more comments → leavethegun-takethecannoli: I love political arguments- Where's Unregular? #gm more » UDMan: You know, it's time for me to say something again. The very definition of conservative is as follows (from Dictionary.com, by the way): a person disp... more » mytdawg: I don't understand any of the short term mindset that decided that we no longer needed to produce anything here. We've sold off almost every American... more » DoctorNine: Amazing. I leave for a few months, and Ye Olde Jalop turns to Classic Soviet Propaganda for content. While I am all for restoring classics in genera... more » YankBoffin: Well, Matt, this has been an interesting test of the political flavor of Jalopnik. I hope the experiment has been successful. Please, don't do it aga... more » sos10: That Republican Representative Duncan Hunter should go back to kindergarten and learn. #gm more » DrLemming: This is the most thoughtful "political" posting that I've ever seen on Jalop. In fact, I'm surprised to see it amidst all the car porn. The only thi... more » ArtForge: Unions. #gm more » Van Sarockin, rogue trebuchet: Let's not forget that Detroit has brought most of this on itself, over the past fifty or so years. They focused on short term profits, over long term... more » UDMan: I purposely held off on commenting on this particular post today, because if any of you really know me, I am a Socialist. - I believe that non colleg... more » mercury_marine: I imagine this article will cause some Republican readers to stamp their little feet and declare they'll never read or post to Jalopnik again. For tha... more » evoCS-Hench-Minion to the stars: It's very interesting to see what happens, when for the first time in decades (if ever), the US decides to actually try to back some of it's domestic ... more » Matt Hardigree: #gm more » Matt Hardigree: [graphics8.nytimes.com] More proof that Republicans hate American cars but love... VOLVOs. We're joining the GOP. (BTW that's really his 122S wagon) #gm more » JDisnidiet: At least the current administration will get us cool cars like Trabants and ZILs. #gm more » -
#carpocalypse
Why Do Republicans Hate American Automakers?
A German company is battling with a Japanese one to become the world's biggest automaker. Italians own Chrysler. It's like World War II except we're losing. So why are Republicans suddenly on the side of the automotive Axis powers? More » -
#carpocalypse
Lear becomes latest auto supplier to file for Chapter 11 Carpocalypse bankruptcy protection. [NYT]
-
#carpocalypse
"New GM" sale may be approved in bankruptcy court today. Follow along on Twitter here.
-
#carpocalypse
President Obama: We Don't Want To Own The New GM
President Obama stressed today he doesn't want to own the "New GM" or run the company. Also, they'll still support "New GM" warranties so have no fear, buy a Malibu. More » -
#carpocalypse
GM Bankruptcy Official
Chevrolet-Saturn of Harlem, a General Motors Corporation dealership in New York, is the first to file for bankruptcy protection as part of the larger GM Bankruptcy this morning. [Detroit News]
More »
-
#carpocalypse
GM To Declare Bankruptcy Monday, Chief Restructuring Official Named
GM will officially declare bankruptcy tomorrow morning before the markets open. Additionally, the Obama Administration has put turnaround expert Al Koch in charge of, well, turning the company around. Fritz Henderson will remain GM CEO. More » -
#carpocalypse
Report: GM To File Chapter 11 Bankruptcy On Monday
GM plans to file for Chapter 11 bankruptcy on Monday, then sell most of its assets to a new company. The bankruptcy should last 60-90 days and be financed with $50 billion of Treasury money. [Bloomberg] -
#carpocalypse
Parts Supplier Visteon Files For Bankruptcy
Parts suppliers are suffering as automakers make less autos and now the once Ford-owned Visteon is filing for bankruptcy. It's good timing as we imagine everyone is still waiting for a different bankruptcy. [Detroit News] -
-
#carpocalypse
Chrysler Asks Bankruptcy Court To Void Private Aircraft Leases... Finally
Chrysler has finally gotten around to asking the bankruptcy court to cancel those pesky private jet leases. To show how truly humbled they are, execs will now travel everywhere in a Sebring. [Detroit News] -
#carpocalypse
Six Top GM Executives Liquidate Stock Holdings
Six GM executives, including outgoing product czar "Maximum" Bob Lutz, disclosed Monday they sold almost $315,000 in stock and liquidated their remaining direct holdings in the automaker ahead of a probable stock-value-rendered-worthless bankruptcy. More » -
#carpocalypse
Chrysler To Seek Chapter 11 Bankruptcy Tomorrow
The New York Times is reporting Chrysler's expected to seek Chapter 11 bankruptcy protection Thursday, most likely in New York. And that's when Fiat swoops in for the kill like an Italian bird of prey.
More »
-
#carpocalypse
Obama To Announce Chrysler Bankruptcy Tomorrow - REPORT
Bloomberg's reporting President Obama plans to officially announce a Chrysler bankruptcy tomorrow if they cant get things together by then. We don't have more details other than the 17-word wire service report. [Bloomberg via StreetInsider] -
#carpocalypse
New GM Chairman Kent Kresa endorses "Good GM," "Bad GM" bankruptcy scenario. [Automotive News]
-
#carpocalypse
Fleetwood files for Chapter 11. [WSJ]
-
#carpocalypse
Nikkei hits 26-year low on GM concerns. [MSNBC]
-
#officialcarpunditdrinkinggame
How Many Drinks Was That: Roy Wert Edition
If you watch this segment closely you can see our own Ray Wert blinking out "my name is Ray, not Roy" to CNBC's Larry "KUDLOW!" Kudlow in Morse Code. More » -
#carpocalypsenow
Official Car Pundit Drinking Game: Death Of The Auto Industry Edition
Last night Ray called us while "drinking to the end of the automotive industry" after yesterday's sad, strange and depressing news. Today he'll be on CNBC at 11:20AM EST discussing GM bankruptcy. Raise your glass. More » -
#industrynews
Why GM Doesn't Want Bankruptcy
As GM asks for $16 billion more in U.S. federal assistance, their most contentious point is bankruptcy's a bad idea. We disagree. However, here's their argument from their just-revealed viability plan.
More »
-
#2010camaro
GM Sues Camaro Supplier, Claims Cadence "Holding Hostage" Interior Equipment Necessary For Launch
Liquidation of now-bankrupt Camaro parts supplier Cadence could delay 2010 Chevy Camaro production, costing GM millions of dollars and delaying a crucial new model. So GM plans to sue them.



