Category: Auto Bailouts
How about a hat tip to Ford Motors? They've taken some government loans, but avoided the abyss of bankruptcy. There's some speculation they may post a profit for the …
It's not clear yet how this will turn out but it is significant that the court wants to take a closer look: WASHINGTON (MarketWatch) -- The U.S. Supreme Court …
Writing at Newsbusters.org, Tom Blumer says: Even if they ultimately lose their last-minute court battle, the Indiana pension funds defending their rights as secured first-lien creditors of Chrysler have …
That smell emanating from the Chrysler dealer closings has finally reached a level that forces prominent Democrats to complain. Yesterday House Majority Leader Steny H. Hoyer, Rep. Chris Van …
This morning brings news that Penske Automotive Group gas ">reached an agreement to purchase Saturn from the bankrupt General Motors. Yesterday I posted a sworn statement by a shuttered …
I have been trying to get my head around the Chrysler dealer closings that have garnered a lot of attention in the blogosphere recently. Admittedly statistics is not my …
Some of the recalcitrant Chrysler creditors are making a final appeal to reverse the sale and reorganization force fed upon them by the Obama administration: The U.S. Court of …
Now that the GM bankruptcy is on its way to becoming an afterthought it's time to ponder what will happen to the domestic auto manufacturing industry. As Kim noted …
Jennifer Granholm has ushered in Michigan's devastating economy that has sent so many who have called Michigan home fleeing for better economies elsewhere. The sham bankruptcy and government and …