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8 Apr 2009, 4:17 am
General Motors is in "intense" and "earnest" preparations for a possible bankruptcy filing, Reuters reported, citing a source familiar with the company's plans. [read post]
7 Apr 2009, 2:23 pm
I ACTUALLY THINK THIS IS GOOD FOR G.M.: The $9000 Plug-In Hybrid That Will Beat the Volt to Market. [read post]
5 Apr 2009, 12:09 pm
A week into his new job as chief executive of General Motors, Fritz Henderson said on Sunday he was confident in the future of the company but a structured bankruptcy remains a possibility, The New York Times's A. [read post]
1 Apr 2009, 4:27 am
It surely ranks as one of the most awkward transitions ever at the top of a major corporation. [read post]
30 Mar 2009, 2:34 pm
Even as General Motors bid goodbye to Rick Wagoner and ushered in its new chief executive, Frederick Henderson, restructuring circles were abuzz Monday with speculation that another player may soon join the carmaker: a chief restructuring officer. [read post]
29 Mar 2009, 2:54 pm
The chairman and chief executive of General Motors, Rick Wagoner, is resigning, just as President Obama prepares to unveil his rescue plans on Monday for G.M. and the ailing American auto industry, The New York Times's Bill Vlasic reported Sunday, citing a person close to the decision. [read post]
22 Mar 2009, 4:18 pm
In a letter to the Obama administration’s autos task force, the unofficial bondholders committee reiterated its argument that the pain in any restructuring of G.M. be shared by all of the company’s constituencies — or risk bankruptcy. . . . [read post]
19 Mar 2009, 4:30 am
Wagoner's detailed, hesitant responses to lawmakers led some of them to conclude that G.M.'s problems were so vast that a bankruptcy filing was [...] [read post]
14 Mar 2009, 5:30 am
It joined G.M in receiving a "going concern" notice from [...] [read post]
12 Mar 2009, 11:59 am
General Motors, which has borrowed $13.4 billion from the federal government since December to keep itself out of bankruptcy, said on Thursday that it had withdrawn a request for an additional $2 billion that it thought was needed to stay alive through the end of this month. [read post]
12 Mar 2009, 3:42 am
Back in 2006 Hummer and G.M. promised that you wouldn't pay more than $1.99 a gallon for a year. [read post]
3 Mar 2009, 12:26 pm
G.M. and Chrysler had considered a [...] [read post]
19 Feb 2009, 4:42 am
General Motors, which is seeking $30 billion from United States taxpayers to restructure its ailing business, may sell a stake in its German carmaker, Adam Opel, and could abandon its sporty Swedish brand, Saab, as it seeks ways to cut costs and raise funds. [read post]
19 Feb 2009, 3:47 am
G.M. alone has said that [...] [read post]
17 Feb 2009, 3:31 pm
” ANOTHER UPDATE: “The administration official said the president was reserving for himself any decision on the viability of G.M. and Chrysler. [read post]
17 Feb 2009, 3:31 pm
G.M said that it needed $4.6 billion within weeks from loans [...] [read post]
17 Feb 2009, 8:56 am
According to G.M., it’s survival depends on the U.A.W. [read post]
16 Feb 2009, 1:34 pm
As General Motors and Chrysler race to pull together their restructuring plans ahead of a government-mandated deadline on Tuesday, one of the top academic experts on distressed debt is calling for the Obama administration to dispense with niceties and push the carmakers into bankruptcy. [read post]
23 Jan 2009, 12:57 am
This much. [read post]
12 Jan 2009, 4:18 am
The government's rescue package for General Motors comes with some ugly conditions attached for debt holders, union members and the company itself, Breakingviews notes. [read post]
