money.aol.com - 6/1/2009
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GM Files for Bankruptcy Protection posted: 3 MINUTES AGO comments: 0 filed under: Bankruptcies , Financial Crisis
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General Motors, the century-old automaker battered by the economic downturn, mounting debt ...
GM Topples Into Bankruptcy: What’s Next for the Chevy Volt?
earth2tech.com 6/1/2009 — Earlier this year while General Motors was submitting its restructuring plans and set to hear the first recommendations from President Barack Obama’s auto task force, the company’s much-hyped plug-in car, the Chevy Volt, was bound up in a ...
Why are shares of General Motors trading up? —
BloggingStocks
Here's something you don't see very often: A company files for bankruptcy protection and its stock price soars. Shares of General Motors (NYSE: GM ) are currently trading up about 6% to just under 80 cents per share -- but moved as high as $1 in earlier trading. But why? There had been reports ...
General Motors directors were 'furious' over Wagoner firing —
BloggingStocks
Now that General Motors (NYSE: GM ) has filed for bankruptcy, leaks about what happened in the company's final days and weeks will begin appearing in the media at a furious pace. When Obama auto task force chief Steven Rattner called then-CEO Richard Wagoner in to tell him it was time to pack ...
GM bankruptcy and your warranty —
Product Reviews Net
We reported in an earlier post that General Motors have now filed for bankruptcy, but millions of GM consumers are now asking what will happen to their warranty. This is certainly a good question, one that USA Today has been taking a close look at.
For those consumers who have been asking ...
GM News: More dealerships closing —
Product Reviews Net
General Motors had already announced that they were to close 1,124 dealers next year; however, GM looks set to announce more dealerships closing. The announcement coincides with the news that the troubled automaker filed for bankruptcy protection today .
According to Automotive News , ...
Confirmed: General Motors (GM) has filed for bankruptcy —
Product Reviews Net
We now have the news that we have all been waiting on, General Motors (NYSE:GM) have confirmed that they have filed for bankruptcy protection. This is a sad day for GM, as it has now marked the end of financial independence, the 100-year-old automaker was once a force in the auto industry, it ...
GM Bankruptcy Official [Carpocalypse] —
Jalopnik
Chevrolet-Saturn of Harlem, a General Motors Corporation dealership in New York, is the first to file for bankruptcy protection as part of the larger GM Bankruptcy this morning. [ Detroit News ] Photo Credit: Bill Pugliano/Getty Images
General Motors Corp bankruptcy filing planned for Monday —
Product Reviews Net
Plans have now been finalized between General Motors Corp (NYSE:GM) and the U.S. government for the troubled automaker to reorganize itself, as GM will file for Chapter 11 bankruptcy protection on Monday. The automaker is now facing an uncertain future, one that we will all be keeping an eye ...
Companies can and do survive bankruptcy: Will GM? —
BloggingStocks
Just a few months ago, top executives at General Motors (NYSE: GM ) gravely promised the world that if they let the company slip into bankruptcy, it would descend into liquidation. Government debtor-in-possession financing or no, there was absolutely no way anyone was going to buy a car from a ...
Visteon Bankruptcy Latest News —
Product Reviews Net
Today we have the latest news about the Visteon Corp bankruptcy and how they are the latest casualties in the auto industry crisis, which includes the reorganization of General Motors.
During a hearing in the U.S. Bankruptcy Court of Delaware on Friday, Visteon Corp received interim court ...
Bankruptcy Near, a New GM Emerging —
AOL News
Bankruptcy Near, a New GM Emerging posted: 8 MINUTES AGO
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With an almost certain bankruptcy filing days away, General Motors is beginning its reinvention. The company plans to streamline its design and production system, ...
Bankruptcy Near, a New GM Emerging —
AOL News
Bankruptcy Near, a New GM Emerging posted: 9 MINUTES AGO comments: 3 filed under: Bankruptcies , Financial Crisis
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With an almost certain bankruptcy filing days away, General Motors is beginning its ...
General Motors shares sink below the century mark —
BloggingStocks
Shares of General Motors Corporation (NYSE: GM ) have fallen more than 30% in trading today on reports that the company's bankruptcy filing will come on June 1st. They're currently trading around 75 cents per share -- their lowest point in more than 75 years. The interesting thing is that ...
General Motors to file for bankruptcy on June 1 —
BloggingStocks
It seems like The Wall Street Journal and other major business news outlets have been reporting that General Motors' (NYSE: GM ) bankruptcy is "a virtual certainty" every single day for the past few weeks. But now Bloomberg has an actual date: June 1. According to Bloomberg, GM "plans to file ...
General Motors bankruptcy right around the corner —
BloggingStocks
There has been a lot of debate over the past couple of months over General Motors Corporation (NYSE: GM ). What would be best for the company? Government bailout money to help avoid bankruptcy, or should we allow the company to go through bankruptcy proceedings? If you are on the side of the ...
General Motors (GM) Bankruptcy and Ramifications —
Product Reviews Net
More bad news for General Motors now as it has been revealed that the company are now closer than ever to being declared bankrupt. The news comes after GM failed to reach a positive conclusion with bondholders.
If the bankruptcy does go ahead though, it’s unclear as to what the ...