product-reviews.net - 6/1/2009
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Germany seem a lot happier now since the events that unfolded on Saturday, a new deal with Magna, General Motors and the U.S. government have helped to save Opel from the bankruptcy of GM , which they have since filed for today.
The accord to save Opel still needs final approval, but it ...
General Motors Corp bankruptcy filing planned for Monday —
PR News:
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 ...
German Government: $2 billion for GM subsidiary Opel —
PR News:
It’s been revealed that the German government could lend $2 billion USD to General Motors subsidiary Opel. The finance minister has said that the money would help to keep carmaker Opel running, once an investor is found.
It looks like this is a move which Opel will hope happens, as ...
GM bankruptcy and your warranty —
PR News:
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 Files For Bankruptcy —
KickingTires
At 11:55 a.m. EDT today President Barack Obama will announce the government's plan for the future of GM. The company filed for bankruptcy Chapter 11 protection this morning in a New York court. The government will pledge $30 billion in additional funds to support the company during the ...
GM News: More dealerships closing —
PR News:
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 —
PR News:
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 ...
General Motors (GM) Bankruptcy: Tale of two legal processes —
PR News:
We will see a tale of two legal processes unfold next week when General Motors Corp. files for bankruptcy protection. One tale will be that the bankruptcy judge will be told that a new entity will emerge, the other is that GM creditors will argue for who will get company properties that the ...
General Motors (GM) Bankruptcy and Ramifications —
PR News:
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 ...
Losers in General Motors Corp. bankruptcy —
PR News:
A lawyer who represented Chrysler LLC’s dissident lenders has said that the biggest loser in the General Motors Corp. bankruptcy would not be Wall Street, but Main Street instead. It is no secret that GM is close to facing a possible bankruptcy filing on June 1.
According to Bloomberg , ...
First genuine Chevy Volt integration vehicle from General Motors —
PR News:
General Motors started production on the first pre-production Chevrolet Volt electric vehicles yesterday. This is a big deal for GM and looks very much like the vehicle that was due to start production early in 2010.
The Chevy Volt is known in the industry as an integration vehicle, and ...
General Motors (GM) bankruptcy closer after bond deadline —
PR News:
Today will see General Motors face fallout from its failed attempt of debt exchange; this will now bring GM even closer to a bankruptcy filing, which could be as early as the end of the month. General Motors had until midnight to try to trade $27 billion in debt in exchange for a 10-percent ...
General Motors (GM) Canada employees vote yes —
PR News:
It has been revealed that Canadian employees at General Motors have voted in unity to help keep their jobs and the company afloat. It is the third round of concessions in less than a year and is sure to help General Motors in their quest to survive.
As reported from TheStar , eighty six ...
General Motors Corp bankruptcy and additional $30 billion —
PR News:
General Motors Corp. (NYSE:GM) could file for bankruptcy as early as next week, and it is thought that the struggling automaker could get up to $30 billion in additional federal bailout funds, which comes straight out of our pockets.
According to the Washington Post , the sources close to ...
Chrysler Deals: Cars sale and dealerships closing —
PR News:
Despite all the negative news surrounding General Motors, Chrysler and dealerships closing, it looks like there is a bit of good news for those looking for a bargain on selected Chrysler models.
We have a video for you to view, showing just how much some Chrysler dealerships are cutting ...
GM, Chrysler Restructuring: Bankruptcy and crunch time —
PR News:
Today will see the gathering of United Auto Workers’ officials to see how many more jobs will be cut at GM and Chrysler factories due to this crunch time in their bankruptcy case. The union officials who represent 54,000 General Motors Corp (NYSE:GM) are due to vote today on a ...
Tomah’s GM dealerships not on closing list, safe —
PR News:
GM dealerships across the U.S. were waiting for a letter to say that they were one of the 1,100 dealerships to close; thankfully, Tomah’s general Motors dealership was not one of them. They did not appear on the dreaded closing list, which means that they are safe.
It was not just ...
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