bankruptcy
Electric Car Company Coda Files For Bankruptcy
Well, that was fast: roughly one year after it first began delivering all-electric sedans to American consumers, electric-car startup Coda Automotive has filed for bankruptcy. The bulk of the company's website has been disabled. On the front page, we find only a press release, which states that...
GM Buys Back $5.5 Billion In Stock From The U.S. Government
General Motors has announced plans to buy back some of its stock from the U.S. Department of the Treasury, reducing the federal government's stake in the automaker by 40%. In... December 19, 2012 by Richard Read 5
Suzuki Shuts Down U.S. Auto Sales, Files For Bankruptcy
On a day that's likely to have many shocking twists and turns for Americans, here's some news that will surprise absolutely no one: Suzuki is exiting the U.S. auto market... November 6, 2012 by Richard Read 5
A123 Systems Bankrupt, Cadillac ELR Production, Zipcar Helps Voters: Car News Headlines
Today at The Car Connection, Ford recalled the 2011-2013 Fiesta and the oldest known production Ford found a new owner. Nissan demonstrated its new autonomous steering... October 17, 2012 by Joel Feder
Aw, Snap: Spyker Sues GM For Making Saab Go All Bankrupt
The Saab story would be hilarious if it weren't so heartbreaking. The latest news? Saab's current parent, Spyker, is suing the company's former parent, General Motors, for... August 6, 2012 by Richard Read
Saab Fans: Today's Your Lucky Day!
So, you're a Saab fan. You've endured three years of agony, hoping for the salvation of your beloved brand. You've followed a plotline worthy of Shakespeare, or at least... June 6, 2012 by Richard Read
Polls Headed South, Mitt Romney Hits The Road To Win Michigan
Presidential candidate Mitt Romney's made no secrets of his ties to the epicenter of the American auto industry, in Michigan. Not only was Romney's father George governor of... February 14, 2012 by Marty Padgett
Saab's U.S. Dealers Pray For Miracle, Ask For Chapter 11 Protection
Saab is dead, but the dream of Saab lives on -- at least in the U.S. According to a report in AutoNews, a group of Saab dealers in the States have banded together to petition... January 31, 2012 by Richard Read 4
2013 Ford Escape (Tentatively) Priced, BMW ActiveE Driven: Today's Car News
Today at High Gear Media, Porsche celebrates hitting the two-million Facebook fan mark and has released details regarding the interior of the 2013 Boxster. General Motors... January 19, 2012 by Joel Feder
Saab Is Dead, Long Live... MINI?
In case you missed today's breaking news on Saab, the Swedish automaker filed for bankruptcy in Swedish District Court this morning. The move came after Chinese suitor... December 19, 2011 by Kurt Ernst 3
GM Says 'No' To Saab Sale: We Recap The Saga's High Points Up To Today
The long, strange, saga of Saab may finally be coming to a close. Even though there's a shaky deal with Chinese investors in the works, GM has said that it will block any... December 7, 2011 by Richard Read
Saab Starts A New Chapter, But How Long Will It Be?
On Friday of last week, struggling Swedish automaker Saab signed a memorandum of understanding with Chinese partners Pang Da and Youngman. The MOU essentially sells Saab to... October 31, 2011 by Kurt Ernst 1
Saab Sold To Chinese Investors, But Will Beijing Approve?
The strange saga of Saab has taken another hairpin turn this morning: in a short post to its website, Saab says that Chinese firms Pang Da and Youngman will now purchase 100%... October 28, 2011 by Richard Read 2
Saab Ends Deal With Pang Da & Youngman: The End Is (Probably) Near
Saab fans, we have some bad news: the automaker has cancelled its agreements with Chinese firms Pang Da and Youngman. As a result, Saab's future seems a little dimmer and... October 24, 2011 by Richard Read 1
Saab's Chinese Suitors Bail, Court Asked To Pull The Plug
Yesterday, Saab hit the snooze button and dreamed of survival a bit longer, thanks to a series of loans from North Street Capital totaling $70 million. That isn't nearly... October 21, 2011 by Richard Read 1
Saab Gets A Lifeline From North Street Capital
Saab, or more specifically Swedish Automobile (Swan), has received a monetary lifeline from North Street Capital, LP. The deal will generate $10 million in cash (for shares... October 20, 2011 by Kurt Ernst 3
Most Popular This Week
More »
It's The End Of The Radio As We Know It 
Honda Accord Or Nissan Altima: Which One Does V-6 Better? 
Chevy Volt Vs. Nissan Leaf: Compare Cars 
Hyundai Elantra Vs. Kia Forte: Compare Cars 
More From High Gear Media
