Skip to main content

creditors

  • 0
    Official: Azure Dynamics files for protection, Transit Connect Electric production halted
    1333117680

    Azure Dynamics, which develops electric-drive powertrains for automakers such as Ford, said this week that it will file for financial protection from its creditors under Canadian law and will cancel its plans to sell shares in what may be a precursor to a bankruptcy filing. Azure is the company ...

  • 0
    Report: Saab to file for protection from creditors
    1314379800

    To say that Saab has had a rough 2011 would be one heck of an understatement. Sales are trickling slowly, the automaker's Trollhattan plant hasn't consistently produced vehicles since late April because suppliers weren't getting paid, and a failed alliance is making the Swedish automaker look ...

  • 0
    Experts call GM bankruptcy 'almost inevitable' [w/POLL]
    1242059640

    To stave off bankruptcy, General Motors must rework its union contracts, drastically cut its capacity, workforce and dealer networks – and convince creditors to take 10 cents on the dollar on $27 billion in unsecured debt. In two months. That's a herculean task for any company, much less for ...

Loading

Loading
Autoblog iPhone App
Shop for a vehicle