Robert Gerber, the federal bankruptcy judge assigned to the General Motors case, has overseen plenty of major, complex bankruptcy cases, but perhaps none as complicated as that of GM's.
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Judge Robert E. Gerber will oversee the bankruptcy of General Motors, filed at 7:57 a.m. today. Gerber, 62, became a judge for the U.S. Bankruptcy Court for the Southern District of New York in 2000.
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The decision to push General Motors into a fast-track bankruptcy and revive the failed American industrial icon with unprecedented federal funding and oversight marks a huge gamble for the Obama administration.
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General Motors filed for bankruptcy today, forcing the 100-year-old automaker once seen as a symbol of American economic might into a new and uncertain era of government ownership. The filing is the third-largest in U.S.
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General Motors filed for bankruptcy today, forcing the 100-year-old automaker once seen as a symbol of American economic might into a new and uncertain era of government ownership. The filing is the third-largest in U.S.
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Japan's top finance bureaucrat Kazuyuki Sugimoto said on Monday that problems at General Motors were not causing major turmoil for the Japanese auto sector.
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Volvo Cars said it has teamed up Swedish utility company Vattenfall in a joint venture to develop a new diesel-electric hybrid car that can be charged using a standard household wall socket.
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Hyundai Motor India car sales in May rose 8.4% year on year as exports rose 27.8%.
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With General Motors following Chrysler today onto the rust heap of tarnished brands, there are plenty of shoulda-coulda-wouldas to be found.
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Despite the global economic downturn putting a damper on vehicle production, Matthew Beecham finds out how shock absorber manufacturers are thriving.
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US Treasury Secretary Timothy Geithner said on Monday he was optimistic that US automakers would emerge from bankruptcy without the need for future government help.
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Even if General Motors and Chrysler LLC emerge swiftly from bankruptcy this summer, the Obama administration's autos task force will stay in business -- shifting to an investment manager role.
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Spanish car sales fell 38% in May, a slower rate of decline than in April when they fell 45.6% year-on-year, local car makers' association Anfac said.
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GM has battled overseas rivals, legacy costs, government rules and fluctuating gasoline prices since its U.S. market share peaked in 1962 at 51.1 percent.
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GM has battled overseas rivals, legacy costs, government rules and fluctuating gasoline prices since its U.S. market share peaked in 1962 at 51.1 percent.
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Production at Honda's UK facility - suspended for four months due to the drop in demand for new cars - has been restarted today. A Honda spokesman confirmed to just-auto that Swindon output is planned at around half of previous levels.
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General Motors filed for Chapter 11 bankruptcy today, capping an eight-month saga that began with a rejection of the possibility as "exaggerated."
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US new light vehicle sales likely rose in May to close to a 10m unit annualised rate, supported by sales at closing Chrysler dealerships in the past week, Ford's chief sales analyst has said.
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Spanish car sales fell for the 13th consecutive month in May but the 38 percent drop was slightly lower than in April after the government launched a 200 million euro ($279.9 million) subsidy plan.
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Spanish car sales fell for the 13th consecutive month in May but the 38 percent drop was slightly lower than in April after the government launched a 200 million euro ($279.9 million) subsidy plan.
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