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A collection of news and information related to Bankruptcy published by this site and its partners.
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Coda Becomes Latest EV Start-Up to Short Circuit
KickingTiresLos Angeles-based start-up Coda announced today that it is declaring Chapter 11 bankruptcy and pulling the plug on its electric vehicle. The news echoes other recent high-profile struggles for EV start-ups like Aptera and perhaps most notably Fisker,...Tags: The Detroit News, U.S. Congress, U.S. Department of Energy, Hybrid Vehicles, Companies and Corporations
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Fisker Edges Closer to Bankruptcy as New Details Emerge
KickingTiresThe travails continue for Anaheim, Calif.-based Fisker. Executives at the struggling plug-in-vehicle maker met with Congress Wednesday, and new details emerged on Fisker's government dealings. It goes like this. The U.S. Department of Energy approved $529...Tags: The Detroit News, U.S. Department of Energy, U.S. Congress, Companies and Corporations, Automotive Equipment
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Car Promises That Weren't Kept
KickingTiresEver wonder what happened to events in the auto industry that were supposed to occur but didn't? You might have seen a news story on a site like ours of a promise by an automaker that sounded legitimate with lots......Tags: Vehicles, Services and Shopping, Dodge, Financially Distressed Companies, Diesel Fuel
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Fisker Lays Off 75% of Workforce as Bankruptcy Looms
KickingTiresLeonardo DiCaprio may love his Fisker Karma, but the California automaker is listing like the Titanic. Less than a month after founder Henrik Fisker quit, the boutique car company laid off some 160 employees, the Detroit News reports, as it......Tags: The Detroit News, Bloomberg L.P., Manufacturing and Engineering, Leonardo DiCaprio, Financially Distressed Companies
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2014 Jeep Grand Cherokee and SRT Grand Cherokee: First Drive
KickingTiresChrysler's 2011 Jeep Grand Cherokee pretty much saved the company's bacon as it struggled to pull itself out of a demoralizing bankruptcy. Now Jeep is presenting a refreshed 2014 Grand Cherokee even as the old one is still propelling the......Tags: Bacon, Automotive Equipment, Manufacturing and Engineering, New Products, Open-Wheel Racing
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Fisker's Savior Could Come From China
KickingTiresStart-up plug-in car company Fisker Automotive may have started in Anaheim, Calif., but the troubled automaker's operations could be moving to China. According to USA Today, Fisker is interested in selling a controlling stake of the company, and an...Tags: Hybrid Vehicles, Companies and Corporations, Manufacturing and Engineering, Automotive Equipment, Fuel-efficient Vehicles
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Saab Could Reappear in 2014
KickingTiresA Hong Kong-based consortium has finished acquiring bankrupt carmaker Saab, including tooling and platforms for the Saab 9-3 and Saab's facilities in Trollh??ttan, Sweden. The consortium, National Electric Vehicle Sweden, announced plans on Monday to...Tags: Hong Kong, Hybrid Vehicles, Manufacturing and Engineering, Automotive Equipment, Saab
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Suzuki Demand Rises After Bankruptcy Announcement
KickingTiresWe???ll take shameless credit. Following Suzuki's bankruptcy announcement of its U.S. arm, shoppers are responding to our endorsement of the nimble Kizashi. Or maybe all that Christmas eggnog is going to our heads. Still, Bloomberg News reports Suzuki...Tags: Bloomberg L.P., Automotive Equipment, Scion, Manufacturing and Engineering, Financially Distressed Companies
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Saab, GM Set New Agreement on Warranties
KickingTiresBrave souls who purchased a Saab over the last few years as General Motors wound down the brand and eventually sold it off will be pleased to hear that their cars' warranties will be serviced through a new agreement between......Tags: Car Repair, Manufacturing and Engineering, Automotive Equipment, General Motors Corp., Car Parts
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U.S. Government To Sell All GM Stock
KickingTiresWithin the next 12-15 months, you won???t have "Government Motors" to kick around anymore ??? the federal government and GM have announced a plan for the U.S. to begin selling its remaining stake in the automaker, starting today with a......Tags: Prices, Manufacturing and Engineering, Automotive Equipment, U.S. Department of the Treasury
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Suzuki Reaches Settlement With Dealers
KickingTiresA month after filing for Chapter 11 bankruptcy protection, American Suzuki Motor Co. announced it has reached a settlement with 98% of its dealers. The automaker has reached an agreement with 213 out of 219 of its dealers and is......Tags: Vehicles, Manufacturing and Engineering, Services and Shopping, Automotive Equipment, Financially Distressed Companies
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Tesla: Sell Enough Cars by Year's End, or Else
KickingTiresTesla faces a new challenge: Build 5,000 Model S sedans by Dec. 31 or risk insolvency, CEO and founder Elon Musk said at the National Clean Energy Summit, according to Left Lane News. The California electric-car maker received 10,000 orders......Tags: Tesla, Hybrid Vehicles, Automotive Equipment, Manufacturing and Engineering, Fuel-efficient Vehicles
May 1, 2013
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Apr 26, 2013
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May 16, 2013
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Apr 8, 2013
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Feb 28, 2013
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Feb 18, 2013
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Sep 6, 2012
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Dec 21, 2012
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Dec 27, 2012
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Dec 19, 2012
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Dec 5, 2012
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Aug 16, 2012
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