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insolvency

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    Karmann Go: Legendary coachbuilder shuts down as last car comes off the line     1245790560

    Karmann throughout the years - Click above for high-res image gallery
    Troubled coachbuilder and specialty car manufacturer Karmann has gone dark. The firm's final vehicle – a Mercedes-Benz CLK came off the lines on Monday as the legendary company has been shuttered because of ...

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    GM stock drops below $10 per share     1215126120

    After Merrill Lynch hinted bankruptcy concerns yesterday, and other Wall Street analysts spread additional gloom, shares of General Motors dropped $1.77 to close at $9.98 -- GM's lowest close in more than 50 years. While GM stock on Tuesday showed a bit of promise on the news that sales only ...

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