product-reviews.net - 5/29/2009
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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 ...
GM Bankruptcy: What it Means to You —
KickingTires
After filing for bankruptcy this morning, GM's future is a bit hazy. However, the company is stressing that the day-to-day operations that impact consumers will remain unchanged. The company has set up a website to alleviate these fears here .
We highlight a number of consumer concerns ...
GM Plant Closures Signal Product Shift —
KickingTires
Now that it’s operating under bankruptcy protection, GM has ramped up the scheduled plant closures it had previously announced. Four assembly plants will be closed this year, impacting current products. The least surprising closure is the Wilmington, Del., plant that produces the Saturn Sky ...
Shoppers Still Researching GM, Chrysler Cars —
KickingTires
In an interesting twist, we’ve seen consumer interest in Chrysler and GM cars hold steady over the past year on our parent site, Cars.com, even though both automakers have been shedding sales and talking bankruptcy for more than six months. As of April, searches for new and used GM cars on ...
GM Plant Closings: Full List —
PR News:
It’s been a busy day for General Motor Corp, with the 100-year-old automaker filing for bankruptcy protection today and the latest news of GM plant closings.
You can see a full list of GM plant closings here on GM news ; they have a nice neat table that shows the list of impacted U.S. GM ...
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 ...
General Motors bankruptcy and saving Opel from insolvency —
PR News:
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 ...
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 ...
GM Bankruptcy Round-Up: Auto suppliers and industry impact —
PR News:
Today is the big day for General Motors Corp, with the bankruptcy filing planned for today it was not always thought to be certain – in 2008 GM executives said it would not happen – but this day will be a landmark for the auto industry.
The opinions are mixed when it comes to the impact of ...
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 ...
Visteon Bankruptcy Latest News —
PR News:
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 ...
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 ...
After GM and Chrysler Dealerships Closing: The Road Ahead —
PR News:
The closing of GM and Chrysler dealerships and the impending bankruptcy filing would produce leaner automakers. There is a problem though, these companies will still have huge debt and will also damage their image.
BusinessWeek has been looking at the road ahead for these dealers and have ...
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 , ...
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 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 ...
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 ...