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Jun
1st

Court assigns Judge Robert Gerber to GM case

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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. Full story...
Jun
1st

GM bankrutpcy judge has handled landmark cases

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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. Full story...
Jun
1st

GM, fallen symbol of U.S. industrial might, files for bankruptcy

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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. Full story...
Jun
1st

GM, fallen symbol of U.S. might, files for bankruptcy

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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. Full story...
Jun
1st

GM revival hinges on speedy exit from bankruptcy

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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. Full story...
Jun
1st

JAPAN: Government to eye GM developments

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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. Full story...
Jun
1st

SWEDEN: Volvo plans 2012 plug-in launch

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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. Full story...
Jun
1st

INDIA: Hyundai sales rise on strong exports

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Hyundai Motor India car sales in May rose 8.4% year on year as exports rose 27.8%. Full story...
Jun
1st

How would you pitch the GM account?

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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. Full story...
Jun
1st

RESEARCH ANALYSIS: Review of shock absorbers

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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. Full story...
Jun
1st

CHINA: Treasury chief optimistic on future auto aid

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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. Full story...
Jun
1st

U.S. autos task force to motor on, monitor stakes

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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. Full story...
Jun
1st

SPAIN: New car sales slide eases

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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. Full story...
Jun
1st

For GM, it’s been 4 years of restructuring … and bankruptcy

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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. Full story...
Jun
1st

For GM, it’s been 4 years of restructuring … and then bankruptcy

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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. Full story...
Jun
1st

UK: Honda restarts Swindon production

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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. Full story...
Jun
1st

From ‘not an option’ to Chapter 11 — A bankruptcy timeline

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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." Full story...
Jun
1st

US: Chrysler dealer sales boost annualised rate

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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. Full story...
Jun
1st

Spain’s car sales decline slowed to 38% in May

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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. Full story...
Jun
1st

Spain’s car-sales decline slowed to 38% in May

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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. Full story...
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