General Motors has once again used its Fastlane Blog (go blogs!) to defend itself from those would prefer it just enter into bankruptcy via a Chapter 11 reorganization. The latest assault comes ...
This move shows capital discipline. What got GM into bankruptcy in 2008? Undisciplined capital allocation, plain and simple.” Ives agreed, saying it was smart to cut the cord on a program that ...
The solution hinges on the old, pre-bankruptcy GM, and the new company that emerged afterward. While the name is the same, on paper they are technically different firms. According to Automotive ...
Ford Motor's U.S. new vehicle sales increased 4.2% last year to represent the automaker's best year since 2019.
So much so, the brand wound up on the chopping block alongside Pontiac and Saturn in 2010 after GM filed for bankruptcy in ...
WSJ's Mike Spector talks with Simon Constable how General Motors may emerge from bankruptcy sooner than previously thought. Plus, a discussion on who's really going to run the once-giant auto maker.
However, hit by the financial crisis, General Motors filed for bankruptcy on Jun 1, 2009. Just within 40 days, the firm emerged from bankruptcy. In 2010, the company launched its IPO – the ...
WSJ's John Stoll sits down with Matt Dolan to talk about the systemic risk posed by a GM bankruptcy, including the impact on suppliers and dealers as well as GM pension and health obligations.
The bankruptcy didn’t affect the company’s ... The company previously served as a seat supplier for GM, with the sportier models of the last-generation Alpha-based vehicles (Chevy Camaro ...
MANHATTAN — The Second Circuit vacated a New York federal court’s holding that an entity, which was created in General Motors’ bankruptcy to continue to investigate water pollution from a GM plant in ...
This move shows capital discipline. What got GM into bankruptcy in 2008? Undisciplined capital allocation, plain and simple.” Ives agreed, saying it was smart to cut the cord on a program that ...