Lawmakers who have battled for months to keep General Motors Corp. alive said Monday’s bankruptcy filing will do just that — but not without cost.
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Posts Tagged ‘Michigan’
June 1st, 2009
GM is finished
May 16th, 2009
Chrysler tries to keep suppliers afloat
Chrysler LLC wants to transfer the vast majority of its supply base to a new company that will be formed from its proposed alliance with Fiat SpA.
The automaker plans to use much of the $4.1 billion in financing that is keeping it going during bankruptcy to pay outstanding bills to parts makers and complete the transfers quickly.
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Tags: bailout, bankruptcy, Chrysler, Fiat SpA, Michigan, suppliers, Treasury
Posted in Scene Talk | No Comments »
Posted in Scene Talk | No Comments »
May 7th, 2009
Ford to build new Focus based electric in Michigan
Ford Motor Co. said Wednesday it will produce an all-electric vehicle based on a redesigned Ford Focus at its Wayne Assembly Plant, beginning in 2011.
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