Entries tagged "GM"

Fisker buys old GM facility

As expected, venture funded Fisker Automotive announced the purchase of a production facility in Wilmington, Del., from the old General Motors.

Feinberg to bailed out bankers: Cut pay 90%

Obama administration's pay czar, Kenneth Feinberg reportedly has ordered the seven firms receiving the largest sums of government aid to slash pay for the 25 highest-paid employees by up to 90%

For potshots at bankruptcy, it's Miller time

Now that Delphi has finally emerged from bankruptcy, the man who led the restructuring, Robert 'Steve' Miller, had some parting shots for the system that he made a name for himself in.

Rep. Hoyer plays politics with GM, Chrysler

As expected, politicians continue to play politics with government-owned General Motors and Chrysler.

Tesla drives toward production milestone

Venture-funded Tesla nears production as it signs a lease for a facility to produce electric powertrains for its roadsters and Daimler Smart cars.

Delphi case turns tables on Obama task force

While the Obama administration sped GM and Chrysler through bankruptcy, objections continue to keep Delphi in Chapter 11.

An appeal of GM's sale is a nonstarter

A ruling by Judge Robert Gerber guarantees General Motors remains on track to sell a majority of its assets to a U.S. Department of the Treasury-sponsored purchaser by Friday.

Judge's decision approving GM restructuring

Judge Robert E. Gerber over-ruled 850 objections to the restructuring plan, saying that the restructuring plan was the only alternative to liquidation.

GM speculation about Opel, Toyota continues

The day before General Motors' bankruptcy sales hearing is set to begin, rumors and speculation about its involvement with Opel and Toyota have bubbled again.

Chrysler's lesson to GM: Why fight the feds?

Chrysler's swift trip through bankruptcy court was supposed to be a case study for General Motors. And maybe it was, just not in the way many observers expected.

Ad firms waiting for GM's check in the mail

Advertising firms will be waiting longer than auto parts suppliers for their checks to come in the mail.

Mom & pop trip up GM restructuring

A couple from Connecticut is suing to block General Motor's plan that would wipe out most of the value of their $400,000 in GM bonds.

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