Tagged “gfc”

Australia Mid-Pack On Road Toll Figures, Behind On Improvement: IRTAD

The annual report from the International Road Traffic and Accident Database (IRTAD) shows Australia’s road toll placed firmly in the middle o...

Chevrolet Corvette ZR1 Replacement A Reality, And It's Mid-Engined: Report

Chevrolet’s next Corvette ZR1 will reportedly be mid-engined, making it the first Corvette to switch to the recognised ‘supercar’...

Holden EOFY Deals - Four-Day Sale, Five-Year Warranty Included

Holden hopes to build on its strengthening sales this year with a four-day EOFY sale targeting much of its small, SUV and comme...

Mark Fields To Replace Alan Mulally As Ford CEO This Year: Report

Ford Chief Operating Officer, Mark Fields, could be promoted to the top job in Ford before the year is out, if reports out of the US this week...

Ferrari 250 GTO Sells For US$52m To Become World’s Most Expensive Car

A 1963 Ferrari 250 GTO has sold privately to an unidentified buyer for a world record price of $55.3 million.

'New General Motors' Surfaces After 40 Day Bankruptcy

FORTY DAYS AFTER entering bankruptcy protection, General Motors has emerged as a new company, built from the best and strongest assets of the prev...

GM May Change Corporate Colour To Green In Post-Bankruptcy Revamp

AS GENERAL MOTORS moves ahead with its revitalisation plan and works to get itself out of bankruptcy, the automaking conglomerate is reportedly co...

Post-Bankruptcy GM To Be Billions Better Off

GENERAL MOTORS is looking to divest itself of around AU$15 billion in costs during its Chapter 11 reorganization, leading to a GM that could actua...

Holden Posts $70.2m Loss For 2008

PRESSURE FROM THE Global Financial Crisis, soaring petrol prices, a consumer shift away from large cars and a number of large, one-off expenses ha...

GM Files For Chapter 11 Bankruptcy; Plants To Close, Dealerships Cut, Holden ‘Unaffected’

THE INEVITABLE for General Motors - America’s 101 year-old vehicle manufacturing colossus, a symbol for generations of Americans and once the wo...

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

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...

Holden Calls Media Conference For 9:00am As GM Heads For Bankruptcy Court

IN A MOVE that will have surprised no-one: General Motors US will file for bankruptcy early tomorrow morning, Australian time. As outlined in an a...

GM Bankruptcy Imminent: UAW Negotiates Agreement But Bondholders Hold Out

GM US HAS OVERNIGHT moved one step closer to bankruptcy following the rejection of a debt for equity offer by GM to its bondholders (the banks and...

GM: US$6 Billion First Quarter Loss, Bankruptcy Beckons, Holden Waits

General Motors must be wondering whose headstone it has kicked over.

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

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

Bankrupt Chrysler US Announces Alliance With Fiat

The announcement that Chrysler LLC and 24 of its wholly-owned US subsidiaries have filed voluntary petitions under Chapter 11 of the US Bankruptcy...

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

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

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...

US Treasury Preparing Bankruptcy Filing For Chrysler

While Chrysler and Fiat nut out an alliance deal that will meet the needs of both manufacturers, the US Treasury is, according to The New York Tim...

General Motors Preparing For Bankruptcy, Company Split

Reports worldwide indicate that General Motors has commenced preparations to file for bankruptcy. Bloomberg News says that company directors have ...