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Stories about: bankruptcy

Suppose Tesla Went Bankrupt: Then What? Who's to Blame?
Suppose Tesla Went Bankrupt: Then What? Who's to Blame?

25 Jun 2022, 20:56 UTC / After Elon Musk said Tesla’s two new factories are money furnaces, it may be time to discuss what would happen if the company went bust.

 
Raptors May Be Chasing SpaceX Into Bankruptcy, Says Musk
Raptors May Be Chasing SpaceX Into Bankruptcy, Says Musk

1 Dec 2021, 09:22 UTC / Elon Musk reveals production issues with the Raptor engines may prevent SpaceX from launching the Starship repeatedly next year, and that may spell bankruptcy

 
Turbo Company Garrett Files for Bankruptcy, Will Be Bought for $2.1 Billion
Turbo Company Garrett Files for Bankruptcy, Will Be Bought for $2.1 Billion

23 Sep 2020, 14:29 UTC / In early 2021, turbocharger supplier Garrett Motion will have emerged from Chapter 11 bankruptcy protection with the help of a private equity firm

 
BBS Is Bankrupt Again, “Extensive Restructuring” Underway
BBS Is Bankrupt Again, “Extensive Restructuring” Underway

17 Jul 2020, 18:39 UTC / For the third time in 13 years, BBS has filed for bankruptcy protection in Germany. The same administrator as before is handling the company's restructuring

 
Icelandic Airline Wow Air Goes Down, All Flights Are Canceled
Icelandic Airline Wow Air Goes Down, All Flights Are Canceled

29 Mar 2019, 12:26 UTC / The low-fare airline was offering short and long-haul flights, connecting the biggest cities in Europe to destination in North America

 
Bankruptcy News: Is Tesla Going The Way of The Dodo?
Bankruptcy News: Is Tesla Going The Way of The Dodo?

6 Feb 2018, 17:39 UTC / One of the most talked about car companies in recent years is once again in the spotlight, but this time it may be for all the wrong reasons

 
Official: Takata Files For Bankruptcy Protection
Official: Takata Files For Bankruptcy Protection

26 Jun 2017, 11:03 UTC / It took four years for Takata to reach this conclusion, but now it's official. However, filing for bankruptcy may turn out to be for the better of the company

 
Zenos Was Acquired By AC Cars, Its Products Will Still Be Made
Zenos Was Acquired By AC Cars, Its Products Will Still Be Made

24 Mar 2017, 16:18 UTC / Zenos, the British brand focused on lightweight sports cars, was saved from administration by a consortium led by AC Cars. They are the new owners

 
Manor Racing Formula 1 Team Enters Bankruptcy Protection
Manor Racing Formula 1 Team Enters Bankruptcy Protection

10 Jan 2017, 16:01 UTC / Manor Racing, the Formula 1 team that was build on what was Marussia Racing, entered bankruptcy protection. It only scored one point last season

 
Top Gear Track Experience Goes Out of Business, Customer Reservations Canceled
Top Gear Track Experience Goes Out of Business, Customer Reservations Canceled

28 Oct 2016, 08:21 UTC / As if the car show's recent changes weren't bad enough to alienate Top Gear fans, the company that operates track days under the Top Gear name went bankrupt

 
General Motors Works Out Supplier Bankruptcy, Production Not Affected
General Motors Works Out Supplier Bankruptcy, Production Not Affected

14 Jul 2016, 09:23 UTC / General Motors managed to avert North American production shutdown by gaining access to Clark-Cutler-McDermott's tooling and finished parts

 
Car Purchases Linked to One in Four Bankruptcy Cases in Malaysia
Car Purchases Linked to One in Four Bankruptcy Cases in Malaysia

23 Apr 2016, 12:13 UTC / Buying a car is a significant expense, and it turns out to be too much for some people. 25% of personal bankruptcy cases in Malaysia are linked to cars

 
End of the Road for Mission Motorcycles, E-Bike Maker Files for Bankruptcy
End of the Road for Mission Motorcycles, E-Bike Maker Files for Bankruptcy

14 Sep 2015, 11:07 UTC / Mission Motorcycles files for Chapter 7 bankruptcy, so the chances of seeing either the Mission R or RS electric superbikes in action are basically zero

 
50 Cent Admits He Doesn’t Own His Expensive Cars and Jewels
50 Cent Admits He Doesn’t Own His Expensive Cars and Jewels

22 Jul 2015, 12:47 UTC / Over the years we have reported on several celebrities that simply act like they are rich for the sake of their fame, when, in fact, they are not

 
Bad News from Gas Gas, Liquidation Is Next
Bad News from Gas Gas, Liquidation Is Next

21 Jul 2015, 08:25 UTC / All the efforts to renegotiate Gas Gas' debt were in vain and the company will enter liquidation, hoping to reactivate under new ownership

 
Erik Buell Racing Assets to Be Auctioned in the 21st of July
Erik Buell Racing Assets to Be Auctioned in the 21st of July

4 Jul 2015, 12:03 UTC / The auction will see the attempt to sell the whole EBR business as a lot, including remaining bikes and parts, intellectual property and the likes of that.

 
Saleen Might File for Bankruptcy, Owes Millions According to US SEC Filing
Saleen Might File for Bankruptcy, Owes Millions According to US SEC Filing

26 Nov 2014, 15:12 UTC / The peeps over at Saleen Automotive are not in a good financial shape. Despite the all-new 2015 Saleen 302 Mustang and the recently unveiled ST691 electric bruiser, the company happens to be in big ...

 
E-Scooter Manufacturer Vectrix Goes Bankrupt Again, Most Likely for Good
E-Scooter Manufacturer Vectrix Goes Bankrupt Again, Most Likely for Good

5 Apr 2014, 07:09 UTC / Not all the good and green ideas can make through in a world where competitiveness must be also mixed with a dash of luck and some other “magic” ingredients, and seeing electric scooter ...

 
Fisker Sold for $149 Million to China's Wanxiang
Fisker Sold for $149 Million to China's Wanxiang

16 Feb 2014, 10:13 UTC / Ill-fated electric car manufacturer has been sold to Wanxiang for $149.2 million this weekend. The Chinese company won the bidding against Hong Kong's Hybrid Tech Holdings. Wanxiang's b...

 
GM Won’t Pay Back $10 Billion Bailout Loss, Says Akerson
GM Won’t Pay Back $10 Billion Bailout Loss, Says Akerson

18 Dec 2013, 12:44 UTC / General Motors won’t be covering the $10 billion the US government lost on the Detroit manufacturer’s bailout, chairman and CEO Dan Akerson said earlier this week. GM’s outgoin...