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
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
5 Oct 2010, 07:38 UTC · By: Daniel Patrascu / Well over a year after it filed for Chapter 11 protection, auto parts maker Visteon announced last weekend it has emerged from bankruptcy, with pretty much all the issues raised during this troubled...
10 May 2010, 10:35 UTC · By: Alex Oagana / ... Technically, the above headline is wrong. Or part of it, anyway. That's because the new, or should I say, "current" General Motors is a separate and somewhat independent company ...
14 Jan 2010, 09:20 UTC · By: Bogdan Popa / Sergio Marchionne is probably the most optimistic person within Chrysler's new board as the Italian sees the US-based manufacturer profitable in 2010, despite the difficult times the company en...
18 Aug 2009, 10:36 UTC · By: Daniel Patrascu / Bankrupt American supplier Lear filed its reorganization plan in bankruptcy court, taking yet another step into securing its goal of restructuring the $3.6 billion debt, as well as opening the door ...
8 Jul 2009, 12:05 UTC · By: Daniel Patrascu / As we reported two days ago, immediately after Judge Robert Gerber approved GM's sale, a group of accident litigants involving GM vehicles decided to oppose the sale and asked for the matter to...
23 Jun 2009, 09:46 UTC · By: Alina Dumitrache / A new study revealed that more than 3,400 Americans will be injured or killed by a defective Chrysler or GM vehicle in the first year after their bankruptcy. The report, called ‘Public Safety ...
12 Jun 2009, 15:04 UTC · By: Bogdan Popa / Already bankrupt automaker General Motors continues the restructuring process, this time outside the passenger car industry sector. The American manufacturer announced it will halt sponsorship for N...
7 Jun 2009, 12:11 UTC · By: Bogdan Popa / After announcing the sale of one major European asset, Opel, and with the second one now on the roll, Saab, General Motors is now making another major step towards a successful restructuring campaig...
4 Jun 2009, 13:51 UTC · By: Bogdan Popa / After some other automakers have already expressed their concerns that the United States' stake in General Motors might allow the officials to help the automaker, President Barack Obama today s...
2 Jun 2009, 09:02 UTC · By: Bogdan Popa / Ford is the only large automaker in the United States who's still surviving without government support and the company's is really proud of this, especially given the fact that both GM and...
2 Jun 2009, 08:37 UTC · By: Bogdan Popa / The time has finally arrived for General Motors and, together with the long-awaited bankruptcy filing, the American automaker revealed lots of already-known things. One of them is the company's...
2 Jun 2009, 08:35 UTC · By: Bogdan Popa / Since the parent company has filed for Chapter 11 in the United States, there are numerous rumors surrounding GM's brands outside the country, with some of them pointing to bankruptcy as well. ...
2 Jun 2009, 07:28 UTC · By: Ovidiu Panzariu / NASCAR chairman Brian France must make one more proof of his management abilities, as the most popular racing series in North America is now depending on the economic situation of its car manufactur...
2 Jun 2009, 07:28 UTC · By: Bogdan Popa / General Motors' bankruptcy filing has surely caused quite a stir in the United States, with the National Automobile Dealers Association (NADA) expressing its disappointment towards the company&...
1 Jun 2009, 15:22 UTC · By: Tudor Raiciu / Once rumored as the czar of the US auto industry, the man who put Chrysler back on its feet in the 1980s is likely to lose a large amount of his pension and the guaranteed life-long company car fol...
1 Jun 2009, 13:27 UTC · By: Bogdan Popa / General Motors' bankruptcy is surely a major thing and, as we said earlier this day, it would become the third largest bankruptcy filing in US history and the largest in the auto sector. Since ...
1 Jun 2009, 06:29 UTC · By: Bogdan Popa / It is only a matter of time until General Motors officially confirms it will file for bankruptcy but sources are claiming the General's future has already been decided. According to a report by...
29 May 2009, 08:06 UTC · By: Bogdan Popa / Rumors surrounding General Motors' fate continue to surface, with a new story claiming that the American auto giant might file for bankruptcy on Monday. Just like in Chrysler's case, Gener...