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April 5, 2009 - April 11, 2009 Archives

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GM in "intense" bankruptcy prep: source

12:35 PM Tue, Apr 07, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

NEW YORK/DETROIT - General Motors Corp is in "intense" and "earnest" preparations for a possible bankruptcy filing, a source familiar with the company's plans told......

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 Tags  General Motors  

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Ford completes tender offer, cuts $10 billion in debt

10:02 AM Mon, Apr 06, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

DETROIT -- Ford says it completed a tender offer announced last month, reducing its debt by $9.9 billion, according to The Associated Press. About $4.3......

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Sweden's Saab in contact with 20 potential buyers

10:00 AM Mon, Apr 06, 2009 | | Write a comment
By Peter C. T. Elsworth    Email

STOCKHOLM -- Saab Automobile, the troubled Swedish unit of General Motors Corp., has been contacted by some 20 potential buyers, with a sale planned in......

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 Tags  General Motors   Saab  

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