Chevrolet-Saturn of Harlem, a General Motors Corporation dealership in New York, is the first to file for bankruptcy…
GM will officially declare bankruptcy tomorrow morning before the markets open. Additionally, the Obama…
President Obama to address nation Monday regarding GM bankruptcy. [NYT] Read more
Supercar maker Koenigsegg wants to buy its long-neglected, but quirky, neighbor Saab. That would be the best thing…
Detroit offering tax-free zone to GM/anyone who will stay at the Renaissance Center. [CrainsDetroit]
Car parts manufacturer Magna has agreed to buy GM Europe, which includes the Opel and Vauxhall brands, according to B…
GM plans to file for Chapter 11 bankruptcy on Monday, then sell most of its assets to a new company. The bankruptcy…
GM offers bondholders a new deal they may/may not refuse. [New York Times]
Parts suppliers are suffering as automakers make less autos and now the once Ford-owned Visteon is filing for…
Chrysler has submitted "cost sharing" proposals for Department of Energy initiatives in EV development, by which we…
GM bondholders wont swap debt for stock, bankruptcy looms [DetroitNews]
First, Porsche wanted to buy VW. Then they got into trouble raising $12.5 billion to cover refinancing. Then Porsche…
Ken Czubay, head of Ford's U.S. sales and marketing, today noted along with ambitious product strategy they're…
We love how the Washington Post reports the Obama Administration's "prepping GM for bankruptcy next week." More like…
In D.C., Utah-based Raser Technologies not only got their hometown Senator to give them a handjob for their supposed…
UAW and GM reach an agreement, making the score: GM 1, Looming Bankruptcy 349. [WXYZ]
The one scoop no one caught on to yesterday was the name of the company that will succeed Chrylser, LLC. It's…
One of the perks of being an ex-Chrysler Exec was company cars for life. Not any more. Oh, the cruel irony of…
Chrysler LLC announced today C. Robert Kidder, former Chairman of Borden Chemical Inc. and Duracell (yes, the…
Approximately 300 Canadian GM dealers will start feeling Labatt blue when they're notified by the company of their…