The unraveling of First Brands, a midsize auto-parts maker, is exposing hidden losses at international banks and “private ...
General Motors’ bankruptcy filing will do what its past chief executives could not — cleanse the century-old company of burdensome labor costs, unprofitable old factories and a boatload of debt.
ROCHESTER HILLS, Mich.—Though the ailing First Brands auto parts conglomerate derived most of its revenue from aftermarket ...
Across the recent three months, 14 analysts have shared their insights on General Motors (NYSE: GM), expressing a variety of ...
DETROIT — In a statement and SEC filing released today, General Motors announced that the U.S. Treasury has offered a proposal that provides incentives for the automaker's unsecured bondholders to ...
DETROIT - With General Motors' long-anticipated day of reckoning a little more than a week away, nearly all signs are pointing to the wounded auto giant limping its way into bankruptcy court, but ...
DETROIT -- General Motors Corp. has not decided if it will need to file for bankruptcy before the June 1 deadline set by the Obama administration to restructure its operations. Speaking to reporters ...
Lawyers for a Georgia family that is trying to reopen a wrongful death lawsuit against General Motors say the company is trying to move the case to federal court so it can use bankruptcy as a shield ...
General Motors Co and electric truck startup Nikola Corp will join forces to build electric pickup trucks and fuel cell commercial trucks to take on Tesla Inc , in a deal that lifted shares in both ...
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