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On the Verge of Bankruptcy: American Auto Parts Giant to Close 727 Stores
The American auto parts chain Advance Auto Parts has announced it will close 727 stores and four logistics centers as part of ...
Autoblog11d
REPORT: GM to declare bankruptcy before markets open, chief restructuring officer named
General Motors' bankruptcy endgame appears to be at hand, with word coming out that the automaker will indeed file for Chapter 11 protection early on Monday morning, which in turn is expected to ...
GM laying off nearly 1,000 workers, mostly in US, source says
General Motors is laying off nearly 1,000 workers worldwide, most in the U.S., as it looks to streamline operations, a source ...
CNN28d
GM’s profit nears a record a year after saying it couldn’t afford its workers’ pay demands
If General Motors is having any problems, it’s in its nonunion operations in China, where it lost $137 million in the quarter, compared to the $192 million profit it made there a year earlier.
People26d
Ant Anstead’s Car Company He Once Called 'a Huge Risk' Files for Bankruptcy After Alleged Fraud (Exclusive)
Ant Anstead's bespoke carmaker, Radford Motors, has filed for Chapter 11 bankruptcy. The Oct. 22 filing came after he was accused of fraud and misrepresentation, according to documents obtained by ...
General Motors Options Trading: A Deep Dive into Market Sentiment
The general mood among these heavyweight investors is divided, with 37% leaning bullish and 37% bearish. Among these notable ...