chapter 11 Reviews and News

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Holden To Be Part Of New GM; Normal Operations To Continue

TUE, 2 JUN, 2009

HOLDEN ANNOUNCED late last night that it is to continue normal operations in Australia and New Zealand, and will not be adversely impacted by Gene...

Chrysler Sale To Fiat Given Green Light; US Bankruptcy Judge Approves Sale Motion

MON, 1 JUN, 2009

THE PATH HAS BEEN cleared for Fiat SpA to take the reins at Chrysler after US Bankruptcy Judge Arthur Gonzalez today announced his ruling approvin...

D-Day Approaching For GM: Chapter 11 Likely, Holden In Waiting Mode

MON, 25 MAY, 2009

WITH THE JUNE 1 DEADLINE for restructure now just days away, reports that GM is likely to file for Chapter 11 bankruptcy next week are gaining gro...

Fiat And Bankrupt Chrysler In Bed; Business As Usual In The Short Term For Chrysler Australia

FRI, 1 MAY, 2009

WHAT WILL US CHRYSLER'S Chapter 11 filing and global strategic alliance with Fiat mean for Chrysler Australia and its Australian customers? TMR sp...

Chrysler LLC Files For Chapter 11 Bankruptcy - Signs Deal With Fiat SpA

FRI, 1 MAY, 2009

Chrysler LLC has filed for Chapter 11 bankruptcy overnight and at the same time announced what is being referred to as an ‘industry-changing’ ...

Chrysler Chapter 11 Bankruptcy Expected To Be Announced

THU, 30 APR, 2009

Word on the wire is that US President Barack Obama will announce that Chrysler LLC will be placed into Chapter 11 bankruptcy, a move which will en...

Obama Preparing To Set Deadline For GM, Chrysler?

MON, 30 MAR, 2009

During an interview with US television show Political Capital With Al Hunt, US Treasury auto adviser Steve Rattner suggested that the talks betwee...

TRUST And GReddy Back From The Brink

FRI, 13 MAR, 2009

Way back in September last year, we reported that renowned Japanese after-market performances parts manufacturer TRUST had found itself in debt to...

Checker Motors Files For Chapter 11, Taxi Aficionados Weep

WED, 21 JAN, 2009

Checker Motors, the 87 year-old company responsible for building America's most iconic taxi, has filed for Chapter 11 bankruptcy protection after ...

Chrysler Lawsuit Pushes Getrag To File For Bankruptcy

WED, 19 NOV, 2008

More bad news for the US auto industry.