Lordstown Motors, Once Touted as a Tesla Killer, Files for Bankruptcy
27 Jun 2023, 10:47 UTC · By: Cristian Agatie / Lordstown Motors filed for bankruptcy protection, putting an end to a long-time drama as it struggled to ramp up production of its Endurance electric pickup
Virgin Orbit Calls It Quits, First Major Space Company to File for Chapter 11 Bankruptcy
4 Apr 2023, 10:54 UTC · By: Daniel Patrascu / Richard Branson's space company Virgin Orbit officially files for Chapter 11 bankruptcy and is actively seeking a new owner
Lightyear (Atlas Technologies) Is Officially Bankrupt, and Lightyear 2 May Go Extinct Too
28 Jan 2023, 20:22 UTC · By: Gustavo Henrique Ruffo / The trustee will now evaluate how the Lightyear concept can be continued, but there is nothing to be optimistic about at this point.
Suppose Tesla Went Bankrupt: Then What? Who's to Blame?
25 Jun 2022, 20:56 UTC · By: Gustavo Henrique Ruffo / 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
1 Dec 2021, 09:22 UTC · By: Daniel Patrascu / 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
23 Sep 2020, 14:29 UTC · By: Mircea Panait / 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
17 Jul 2020, 18:39 UTC · By: Mircea Panait / 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
29 Mar 2019, 12:26 UTC · By: Elena Gorgan / 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?
6 Feb 2018, 17:39 UTC · By: Alex Oagana / 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
26 Jun 2017, 11:03 UTC · By: Mircea Panait / 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
24 Mar 2017, 16:18 UTC · By: Sebastian Toma / 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
10 Jan 2017, 16:01 UTC · By: Sebastian Toma / 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
28 Oct 2016, 08:21 UTC · By: Mircea Panait / 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
14 Jul 2016, 09:23 UTC · By: Mircea Panait / 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
23 Apr 2016, 12:13 UTC · By: Sebastian Toma / 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
14 Sep 2015, 11:07 UTC · By: Florin Tibu / 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
22 Jul 2015, 12:47 UTC · By: Ionut Ungureanu / 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
21 Jul 2015, 08:25 UTC · By: Florin Tibu / 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
4 Jul 2015, 12:03 UTC · By: Florin Tibu / 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
26 Nov 2014, 15:12 UTC · By: Mircea Panait / 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 ...