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General Motors’ bankruptcy filing today, plus a massive U.S. Treasury debt issuance this year, will drive up the cost of capital at least in the short term, threatening the incipient economy recovery, managers say.

Tags: Bankruptcy Filing, Debt Issuance, Economy, General Motors, Gm, Interest Rates, U S Treasury

The Obama Administration took General Motors into Chapter 11 bankruptcy today and moved quickly get the carmaker out with $30.1 billion in bankruptcy financing, the White House said in a statement.

Tags: 1 Billion, Bankruptcy Financing, Carmaker, Chapter 11 Bankruptcy, General Motors, Gm, White House

General Motors on Monday will name Al Koch as chief restructuring officer, according to a source familiar with the effort.

Tags: Al Koch, General Motors, Gm, Koch, Restructuring

The Obama Administration expects to take General Motors into Chapter 11 bankruptcy today and quickly get the carmaker out with $30.1 billion in bankruptcy financing, the White House said in a statement.

Tags: 1 Billion, Bankruptcy Financing, Carmaker, Chapter 11 Bankruptcy, General Motors, Gm, White House

Suppliers with outstanding receivables not covered by last Thursday’s $2 billion early payment by General Motors are likely to be paid even after the automaker files for bankruptcy.

Tags: Bankruptcy, General Motors, Gm, Last Thursday, Receivables, USD

General Motors and the U.S. government finalized plans Sunday for the company to reorganize, setting the stage for America’s largest-ever industrial bankruptcy and heralding a new and uncertain era for the No. 1 U.S. automaker.

Tags: America, Automaker, Bankruptcy, General Motors, Gm, U.S. government, United States

Ziad Alhassen is frustrated by the dearth of customers in his new-car showroom at Clippinger Chrysler-Jeep-Dodge in suburban Los Angeles. But he smiles when he walks to the back.

Tags: Car Showroom, Chrysler, Chrysler Dodge, Chrysler Jeep Dodge, Clippinger, Dearth, Dodge, Jeep, New Car, Suburban Los Angeles

When the U.S. auto market crashed last year, BMW quickly shifted gears at its factory in Spartanburg, S.C. But instead of cutting production, it found new customers.

Tags: Auto Market, Bmw, Flexibility, Gears, U S Auto

Nissan’s assembly plant in Canton, Miss., was built to be flexible, but industry turmoil has tested the plant’s adaptability in ways company officials could not have imagined.

Tags: Adaptability, Assembly Plant, Company Officials, Flexibility, Industry Turmoil, Nissan, Stress Test

Bill Taylor was a Ford career man in Canada in the 1980s before joining Toyota to help launch a Corolla plant in Cambridge, Ontario.

Tags: 1980s, Bill Taylor, Cambridge Ontario, Career Canada, Career Man, Corolla, Decade, Ford, Ford Canada, Launch, Led, Mercedes, Toyota

Bill Colter, owner of Performance Chrysler-Jeep-Dodge in Phoenix, says he had 300 new vehicles in stock at the beginning of May and#x2014; before learning that his store will be dropped as a Chrysler LLC dealership as of June 9.

Tags: Chrysler, Chrysler Dealers, Chrysler Dealership, Chrysler Dodge, Chrysler Jeep Dodge, Dodge, Fire Sales, Jeep, Llc, New Vehicles, Performance Dodge, Phoenix, Stock

While bankruptcy could accelerate the pace at which General Motors is eliminating dealerships, the automaker is taking a more measured approach than Chrysler LLC.

Tags: Automaker, Bankruptcy, Chrysler, General Motors, Gm, Gm Closings, Pace

As tough as it is to restructure General Motors, the biggest test for CEO Fritz Henderson will come afterward.

Tags: Ceo, Fritz, General Motors

General Motors on Monday will name Al Koch as chief restructuring officer, according to a source familiar with the effort.

Tags: Al Koch, General Motors, Gm, Koch, Restructuring

The Obama Administration expects to take General Motors into Chapter 11 bankruptcy Monday and quickly get the carmaker out with $30.1 billion in bankruptcy financing, the White House said in a statement.

Tags: 1 Billion, Bankruptcy Financing, Carmaker, Chapter 11 Bankruptcy, General Motors, Gm, White House

Suppliers with outstanding receivables not covered by last Thursday’s $2 billion early payment by General Motors are likely to be paid even if the automaker files for bankruptcy, which is expected tomorrow.

Tags: Bankruptcy, General Motors, Gm, Last Thursday, Receivables, USD

For decades, unionized manufacturing jobs have been considered the surest path to middle-class prosperity and realizing the vaunted American dream for blue-collar workers. The UAW helped make that dream a reality.

Tags: American Dream, Blue Collar Workers, Decades, Fades, Manufacturing Jobs, Middle Class, Path, Prosperity, UAW, United States

General Motors has tens of billions of dollars in government backing, a grudging labor peace and the support of its big bondholders as it gets ready for what is intended to be a swift dash through one of the biggest bankruptcy cases in U.S. history.

Tags: Bankruptcy Cases, Billions Of Dollars, Bondholders, General Motors, Gm, Gm Motors, Labor Peace, Tens, United States

General Motors has tens of billions of dollars in government backing, a grudging labor peace and the support of its big bondholders as it gets ready for what is intended to be a swift dash through one of the biggest bankruptcy cases in U.S. history.

Tags: Bankruptcy Cases, Billions Of Dollars, Bondholders, General Motors, Gm, Gm Motors, Labor Peace, Tens, United States

U.S. auto sales likely rose in May to a close to 10 million unit annualized rate, supported by sales at closing Chrysler dealerships in the past week, Ford Motor Co.’s chief sales analyst said. That would be the highest rate since January’s 9.

Tags: 10 Million, Auto Sales, Chrysler, Chrysler Dealerships, Ford, Ford Motor, Ford Motor Co., Ford Sales, Rose, U S Auto, United States

U.S. auto sales likely rose in May to a close to 10 million unit annualized rate, supported by sales at closing Chrysler dealerships in the past week, Ford Motor Co.’s chief sales analyst said. That would be the highest rate since January’s 9.

Tags: 10 Million, Auto Sales, Chrysler, Chrysler Dealerships, Ford, Ford Motor, Ford Motor Co., Ford Sales, Rose, U S Auto, United States

U.S. auto sales likely rose in May to a close to 10 million unit annualized rate, supported by sales at closing Chrysler dealerships in the past week, Ford Motor Co.’s chief sales analyst said. That would be the highest rate since January’s 9.

Tags: 10 Million, Auto Sales, Chrysler, Chrysler Dealerships, Ford, Ford Motor, Ford Motor Co., Ford Sales, Rose, U S Auto

U.S. auto sales likely rose in May to a close to 10 million unit annualized rate, supported by sales at closing Chrysler dealerships in the past week, Ford Motor Co’s chief sales analyst said.

Tags: 10 Million, Auto Sales, Chrysler, Chrysler Dealerships, Ford, Ford Motor, Ford Motor Co., Rose, U S Auto, United States

General Motors and the U.S. government finalized plans today for the company to reorganize, setting the stage for America’s largest-ever industrial bankruptcy and heralding a new and uncertain era for the No. 1 U.S. automaker.

Tags: Automaker, Bankruptcy, General Motors, Gm

General Motors and the U.S. government finalized plans on Sunday for the automaker to reorganize, as a majority of debtholders helped clear the way to a massive bankruptcy filing Monday.

Tags: Automaker, Bankruptcy Filing, Bondholders, General Motors, Gm, Smooth, U.S. government, United States