Much is being made of the success of the federal bailout of General Motors, but Chrysler is keeping a much lower profile — mainly because it doesn’t yet have much to brag about. The company has lost about $370 million so far this year, and its new vehicles won’t …
Also tagged 370-million, and-its, because-it-doesn, being-made, chrysler, federal, general, mainly-because, much-lower, new-vehicles, success, the-federal, the-success, yet-haveNEW YORK/DETROIT (Reuters) – General Motors Co filed for an initial public offering of stock on Wednesday, clearing a key hurdle toward repaying taxpayers for a controversial bailout just over a year after its bankruptcy. Read the original here: GM files for IPO and plans dual listing Call or …
Also tagged a-year-after, and-plans, initial-public, original, taxpayers-for, the-original, toward-repaying, year-afterNEW YORK (Reuters) – General Motors Co has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top U.S. automaker to the capital markets a year after it emerged from a landmark bankruptcy. Originally posted here: GM …
Also tagged a-landmark-bankruptcy-, a-year-after, bank, billion-credit, emerged-from, has-secured, the-capital, the-top, two-people, wednesday, yorkReuters – General Motors Co is considering reopening one of the auto plants it closed as it went through bankruptcy in 2009, CEO Ed Whitacre said on Thursday. Read more from the original source: GM considering reopening plant: CEO (Reuters) The Portland, Oregon bankruptcy attorneys and Vancouver Washington bankruptcy …
Also tagged bankruptcy, ceo, from-the-original, general, original, plants-it-closed, portland, reopening-one, said-on-thursday, the-original, thursday, thursday-readAP – The Treasury Department failed to consider the economic fallout when it told General Motors and Chrysler to quickly shutter many dealerships as part of government-led bankruptcies, a federal watchdog found. See the original post here: Govt watchdog criticizes handling of car dealers (AP) Read more here: Govt …
Also tagged consider-the-economic, ealerships-as-part, economic, economic-fallout, general, more-here, original, post-here, quickly-shutter, treasury, treasury-departmentA year after filing for bankruptcy, General Motors is preparing to seek SEC permission to start selling stock again. Company officials say shares might start trading as early as this fall. GM’s talk of an initial public offering comes after an encouraging year for the company. E-Mail This …
Also tagged fall, filing-for, general, initial-public, offering-comes, officials-say, sec, shares-might, start-selling, start-trading, stock-again-, trading-as-early, year-after, year-forNEW YORK/FRANKFURT/DETROIT (Reuters) – General Motors Co plans to file its nearly $20 billion initial public offering in mid-August, a source familiar with the situation said Friday, later than some expected as bankers work to help sort out the automaker’s finances post-bankruptcy.
Also tagged bankers-work, businessnews, file-its, friday, some-expected, sort-out-the, source-familiar, with-the-situationAFP – General Motors see a “massive” opportunity for growth and profits in the expanding global automotive market now that it has radically cut its costs, the automaker’s chief financial officer said Tuesday. See original here: GM sees ‘massive’ opportunity for growth, profit: CFO (AFP) Continue reading here: GM …
Also tagged afp, and-profits, automaker, cfo, chief-financial, cut-its, expanding, for-growth, general, has-radically, officer-said, original-here, reading-here, the-automakerDETROIT (Reuters) – General Motors , in the year since emerging from bankruptcy, has revamped the way it operates, with sharply lower costs, stronger brands and gains in key emerging markets like China, Chief Executive Ed Whitacre told potential investors on Tuesday.
Also tagged and-gains, chief, china, from-bankruptcy, general, investors-on-tuesday, since-emerging, stronger-brands, the-way, the-year-, tuesday, whitacreAbout 900 General Motors and Chrysler dealerships that got the ax as the Detroit giants went through bankruptcy have filed notice that they will appeal their shutdown, according to the American Arbitration Association. Continue reading here: 900 auto dealers file to appeal shutdown Visit link: 900 auto dealers file to appeal shutdown
Also tagged 900-auto, appeal-shutdown, appeal-their, dealers-file, detroit, have-filed, reading-here, shutdown, visit