bankruptcy

 
2011 Chevrolet Cruze

GM stocks nosedive after Deutsche Bank rating drops to $0

Teetering on the brink of the precipice is a fairly accurate description of General Motors' future, according to Deutsche Bank, which revised its valuation target of GM shares to $0 today. Even if GM avoids bankruptcy, says the bank, its future will be essentially indistinguishable from a... read more

November 10, 2008 by
 
Bertone edges closer to bankruptcy

Bertone Edges Closer To Bankruptcy

Bertone has been in financial trouble ever since a deal between it and Fiat to build several new Lancia models went sour back in April last year. The Italian coachbuilder has... read more January 31, 2008 by


 
Bertone seeks bankruptcy protection

Bertone Seeks Bankruptcy Protection

Bertone has been in financial doldrums ever since a deal between it and Fiat to build several new Lancia models went sour back in April. The Italian coachbuilder is yet to... read more November 26, 2007 by


 
Spyker edges near bankruptcy

Spyker Edges Near Bankruptcy

Two major creditors for Dutch automaker Spyker have requested that the company and its Formula One racing team be declared bankrupt, and are currently seeking legal action to... read more August 28, 2007 by


 
Koenigsegg in financial trouble

Koenigsegg In Financial Trouble?

New reports coming out of Sweden say local supercar manufacturer Koenigsegg is in financial trouble, not being able to service its debts. According to Sweden’s Realtid... read more August 15, 2007 by


 
ascmclaren.jpg

American Specialty Cars files for Chapter 11

We're sure some of you have heard of ASC, formerly American Sunroof Company and now known as American Specialty Cars. Back in the 1980s and early '90s as they were the... read more May 7, 2007 by


 
 

 
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