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Results for "Bankruptcy"
Cascada, ADAM and Mokka to become halo products for GM Europe
01 Mar 2013 13:38New GM Europe products including the ADAM as well as the open-top Cascda will play a key role in rejuvenating the Vauxhall/Opel image, according to General Motors Europe president Steve Girsky.
Saab Automobile Files For Bankruptcy
19 Dec 2011 13:01Swedish carmaker Saab Automobile has filed for bankruptcy at a court in Sweden this morning after its potential Chinese owner pulled out of a life-saving buyout.
General Motors to severe ties with Saab due to risks posed by Chinese sale
08 Nov 2011 12:20GM has said that it will sever its ties to Swedish automaker Saab and its commitment to supply technology if the pending sale to Chinese firms Pang Da Automobile Trade Co and Youngman proceeds.
Saab to cut costs after reorganisation approval
22 Sep 2011 10:18Saab Automobile is to push ahead with a range of cost-cutting exercises that could include job losses after winning an appeal for bankruptcy protection.
BREAKING NEWS: Saab reaches crisis point
08 Sep 2011 15:33Saab’s attempt to protect itself from creditors while it waits for Chinese investment to rescue it has been rejected by the Swedish court, pushing the firm close to bankruptcy.
Saab GB reassures market following Swedish creditor protection application
08 Sep 2011 10:13Saab GB has moved to reassure fleets and customers that it is business as usual following the announcement that Saab Automobile AB has filed for creditor protection, pending a voluntary reorganisation of the business.
Russian investor saves TH!NK
25 Jul 2011 11:31Norwegian electric vehicle manufacturer TH!NK is no longer facing bankruptcy after being bought by a Russian entrepreneur with plans to relaunch it over the next 12 months.
EV manufacturer Th!nk files for bankruptcy
27 Jun 2011 10:16Norwegian EV manufacturer Th!nk Global has filed for bankruptcy protection in Norway, for the fourth time in its 20-year history.
2010 GM sales in China to exceed figures for US
25 Oct 2010 22:18General Motors will sell more than 2 million cars in China this year, making the country its biggest market in the world, rocketing past its US home turf. And sales are expected to rise as demand for new cars in the huge country surge from 17 million last year to 30 million by 2020.
Dan Akerson announced as next GM CEO
13 Aug 2010 09:35After successfully turning around GM's fortunes, CEO Ed Whitacre is to step down, it has been announced.
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