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Financially Distressed Companies

A collection of news and information related to Financially Distressed Companies published by this site and its partners.

Top Financially Distressed Companies Articles see all

Displaying items 1-5
  • Fort Wayne: The Big Three's Last Stand

     
    By Mike Hanley Cars.com While there was plenty of losers in GM's recent federally orchestrated bankruptcy, winners also emerged. One of them is the Fort Wayne Assembly plant in Roanoke, the last Big Three assembly plant in the state. Winner...
  • GM Could Repay Some Bailout Money in '09

     
    After a strong October, there is a chance that GM may repay some of its $50 billion in government bankruptcy aid before the end of 2009, according to Chairman of the Board Ed Whitacre (above). Although Whitacre declined to name...

    GM's losses Obama's failure: RNC says

     
    by Mark Silva In its most recent $1-billion loss, General Motors sees progress. Yet, with the report today that GM has lost $1.2 billion since leaving the protection of federal bankruptcy courts in July, the Republican National Committee chairman finds...

    Suzuki Reaches Settlement With Dealers

     
    A 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...

    2009 in Review: Automotive Roller Coaster

     
    We can say this about 2009: At least it???s over. Car sales plummeted then skyrocketed with the Cash for Clunkers program, and two of the largest automakers in the world went bankrupt. And those were just the major plotlines of...