GM Teeters On Bankruptcy; Chrysler Waits In Hope
Posted by on May 30th, 2009General Motors is expected to file for Chapter 11 bankruptcy shortly, and tens of thousands of auto workers are waiting to hear how many jobs GM plans to shed. Those employees made things a bit easier on GM Friday when the United Auto Workers ratified a cost-cutting deal
Coming Week: Getting Past GM’s Bankruptcy
Posted by on May 30th, 2009After GM at last files for bankruptcy, traders will turn their attention to a spate of economic reports, including the latest monthly jobs report.
Bankruptcy looms for GM; Chrysler awaits fate
Posted by on May 30th, 2009General Motors Corp. has cleared a couple of key roadblocks on the ailing U.S
Bankruptcy looms for GM; Chrysler awaits fate
Posted by on May 30th, 2009General Motors Corp. has cleared a couple of key roadblocks on the ailing automaker’s route to an almost certain bankruptcy filing Monday.
Bankruptcy Looms for GM; Chrysler Awaits Fate
Posted by on May 30th, 2009GM reaches deals with UAW, Opel as almost certain bankruptcy nears; Chrysler awaits its fate
Wall Street faces data barrage, GM bankruptcy
Posted by on May 30th, 2009Wall Street investors face a battery of economic news and the looming bankruptcy of auto giant General Motors in the coming week, testing the nerves of investors after a strong week.
With bankruptcy looming, a new GM begins to emerge
Posted by on May 29th, 2009With an almost certain bankruptcy filing days away, General Motors is beginning its reinvention, planning to retool one factory to make its smallest vehicles ever in the U.S. and rid itself of the biggest.
Auto Suppliers Brace for Blow of GM Bankruptcy
Posted by on May 29th, 2009Auto parts suppliers, pummeled by the global slump in vehicle sales, will soon face a new menace to their survival: General Motors’ bankruptcy.
Bankrupt Prebul’s Creditors to Benefit from Big Sale of Used Vehicles.
Posted by on May 29th, 2009Edd Kirby’s Adventure in Dalton aquired 230 vehicles that belonged to the bankrupt auto group. read more
Economic optimism may trump GM bankruptcy
Posted by on May 29th, 2009Wall Street faces a historic shake-up next week as General Motors, a pillar of American industry, heads into bankruptcy, but the market could advance further if economic data signals the worst of the recession has passed.