bankruptcy

General Motors Products After Bankruptcy: Our Picks For Chevrolet
General Motors Products After Bankruptcy: Our Picks For Chevrolet

  We're a bit ahead of things, but what will General Motors look like when it emerges from Chapter 11 (provided it happens as planned on Monday, June 1)? Looking first at Chevy, here are my predictions on what will stay and go and when: Chevrolet Corvette: Makes money, a halo car for Chevy, hated...Read More»

GM Logo
GM Slouches Toward Bankruptcy

In news that should surprise absolutely no one, General Motors is a step closer to bankruptcy this morning. Yesterday was a key deadline in GM's restructuring schedule: the day by which the General had to reach important concessions with its bondholders. GM is indebted to those bondholders to the...Read More»

2011 Chevrolet Volt
Toyota to GM: No Hybrid Tech For You!

Toyota isn't going to help GM with its hybrid technology. Shocker! But these days anything is possible, and Toyota does have licensing relationships with Ford and Nissan for some hybrid technology, so it's not too far-fetched to be believable. Earlier today Japan's Yomiuri Shimbun published a story...Read More»

Logo for Center for Automotive Research
Bankruptcies, What If They Don't Work?

  The professionals on staff at the Center for Automotive Research are not a bunch of politically-minded, industry-tainted hacks. These people know what they're talking about, and when they offer an opinion on something, it's worth taking note. In a release (shown below), they begin to tally the...Read More»

Lionel Hutz, Attorney at Law
GM & Bankruptcy: Won't Somebody Think About the Lawyers?

It's good news/bad news time for General Motors. On the downside: bankruptcy is looming. For a while, it looked as if things might shake out in the General's favor, sparing it from the fate that's befallen Chrysler. Today, however, the prevailing sentiment seems to be that GM will be heading to...Read More»

Chrysler logo
Chrysler's Outpatient Bankruptcy Likely To End On Schedule This Week

Hold on to your hats, folks: it looks like the federal government's one-two punch of bailout and bankruptcy may be working. At least in Chrysler's case. When the company was shunted into court almost a month ago, the feds set a fairly ambitious turnaround schedule: they wanted to see Chrysler...Read More»

GM in a nutshell
General Motors: Today's News In A Nutshell

There's a lot going on in General Motors' world. To help you (and us) keep track of all the shenanigans, here's a bulleted, easy-to-digest summary of today's major headlines: The feds are gearing up to drive GM into beautiful, downtown bankruptcyville next week. Not that we're pessimistic about the...Read More»

Empty dealership
Needed: Your Ideas For Empty Dealerships.

  On a recent trip to visit Tesla Motors, I learned that the tony manufacturer landed its HQ in equally tony Menlo Park because the locale's city council hated the empty dealerships along the busy Santa Cruz thoroughfare. The city made Tesla an offer they couldn't refuse on an abandoned Chevrolet...Read More»

scrap heap
Cash-For-Clunkers Slouches Toward The Finish Line

Good news from Washington, cash-for-clunkers fans: leaders in the U.S. House and Senate are hoping to fast-track legislation that would give new car buyers tidy cash rebates in exchange for trading in their older vehicles. Of course, they've been saying that for a while--but then, time moves slowly...Read More»

The talented cast of Bob and Carol and Ted and Alice
Bob & Sergio & Rick & Ron: Mind-Blowing Mergings

It's Friday, and we hope you're already drinking, because this will make more sense if you're hammered. Okay, you already know about the Fiat/Chrysler partnership. And hopefully you recall our piece from earlier this week in which Fiat's Sergio Marchionne said he'd just loooove to acquire GM...Read More»

Mercedes-Benz 300SL Gullwing replica by Gullwing GmbH
Link Love From The Car Connection: Gullwing Replicas, Women Behind The Wheel, And GM Flubs Today, Hopes For Brighter Tomorrow

Beauty in abundance -- There's another Mercedes-Benz SL 300 Gullwing replica on the market. "What's that", you say? "Why do we need two?" Which makes us think you're off your freakin' rocker, because we could live in a world of these. Seriously. [MotorAuthority] Tomorrowland -- GM is looking toward...Read More»

2009 Jeep Wrangler
In Jeopardy: Dodge Viper, Charger; Jeep Wrangler, Grand Cherokee

There's a lot more Chrysler news today, and for fans of the company and its brands, most of it isn't good. The worst so far: the Dodge Viper and the Jeep Wrangler may be axed entirely. This comes from a document filed by Robert Manzo, the executive director of Capstone Group, LLC, who's been...Read More»

2007 Dodge Nitro
The 5 Cars That Killed Chrysler...This Time

While we wait for Chrysler to emerge, hopefully leaner but not that much lighter, from its bankruptcy—perhaps with some fashionable Italian loafers and a rejuvenated Dolce & Gabbana wardrobe—TheCarConnection.com started thinking about the company’s product missteps in recent years. No...Read More»

The talented cast of Reno 911
Police Found Guilty Of Loving The Pontiac G8

Two days ago, General Motors said that it would be killing off the Pontiac brand. Before the company had even finished its prepared statement, police squads across the country were moaning. Here's why: once upon a time, the Ford Crown Victoria was the police car of choice, but some police...Read More»

Chrysler is sizzling
Chrysler Out Of The Frying Pan. That's Good, Right?

The last 24 hours have been big for Chrysler. The long and short of it appears to be that (a) the company will likely avoid bankruptcy court, and (b) its relationship with Fiat will soon get conjugal. Here's a quick rundown of the headlines: Creditors concede -- About $5 billion of Chrysler's...Read More»

GM Logo
UPDATED: GM Reportedly Considers Nixing Pontiac, GMC; GM Exec Denies It

First came news that an American equity group is seriously interested in purchasing Saturn. Now we've learned that General Motors may be dropping the GMC and Pontiac brands entirely. Citing unnamed sources, Bloomberg reports that GM's talks with the Obama administration have involved selling or...Read More»

GM Heritage Fleet
NHTSA Throws Wrench Into GM Heritage Fleet Auction

Yesterday the National Highway Traffic Safety Administration halted a Barret-Jackson sale of GM Heritage Fleet vehicles midway through the proceedings. Sources close to the Web site Sports Car Market said that the NHTSA's move was not expected and pointed out that both Barrett-Jackson and General...Read More»

VW logo
German Firm Predicts VW Will Surpass GM As No. 2 Automaker

German market research company R.L. Polk today predicted that in 2009, Volkswagen AG will surpass General Motors as the world's number two automaker in production volume. Toyota will likely retain its number one position. The firm also predicts that global passenger car production will drop some 19...Read More»

GM Logo
GM Prepared To File For Bankruptcy

In a regulatory filing to the Treasury Department Yesterday, General Motors admitted for the first time to Obama's Auto Task Force that it is seriously considering Chapter 11 bankruptcy protection. The filing stated Chapter 11 would be considered if GM cannot successfully complete an out-of-court...Read More»

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