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A U.S. appeals court today ordered bankrupt auto parts maker Visteon Corp. to reinstate benefits to thousands of retirees who had them terminated during the company’s ongoing Chapter 11 reorganization. The Third U.S.

Tags: Appeals Court, Auto Parts, bankrupt auto parts maker, Chapter 11 Reorganization, Retiree Benefits, United States, Visteon, Visteon Corp

American Axle and Manufacturing Holdings Inc., scrambling to restructure without Chapter 11 reorganization, has reached tentative agreement with General Motors Co. on a rescue plan.

Tags: American Axle And Manufacturing, American Axle And Manufacturing Holdings Inc, Chapter 11 Reorganization, General Motors, General Motors Co., Tentative Agreement

American Axle and Manufacturing Holdings Inc., scrambling to restructure without Chapter 11 reorganization, has reached tentative agreement with General Motors Co. on a rescue plan.

Tags: American Axle And Manufacturing, American Axle And Manufacturing Holdings Inc, Chapter 11 Reorganization, General Motors, General Motors Co., Gm, Tentative Agreement

Stant Manufacturing Inc., a 111-year-old supplier of fuel systems, has filed for Chapter 11 reorganization, becoming at least the 16th major auto supplier to do so this year. The Connersville, Ind.

Tags: Auto Supplier, Bankruptcy, Chapter 11 Reorganization, Connersville, Fuel Systems, Indiana, Major Auto, Stant Manufacturing Inc

Lear Corp.’s board of directors, except CEO Bob Rossiter, may be replaced when the company’s planned Chapter 11 reorganization plan takes effect.

Tags: Board Of Directors, Bob Rossiter, Ceo, Chapter 11 Lear Corp., Chapter 11 Reorganization, Lear, Lear Corp, Reorganization Plan, S Board

Delphi Corp. salaried retirees picketed outside General Motors’ headquarters today, hoping to spur the bankrupt automaker to assume payment of their pensions if Delphi emerges from its own Chapter 11 reorganization as planned.

Tags: Automaker, bankrupt automaker, Chapter 11 Reorganization, Delphi, Delphi Corp., General Motors, Gm, Gm Delphi, GM Delphi Corp., Gm Retirees, Pensions

The three Japanese automakers who partner with General Motors in one way or another — Toyota, Suzuki and Isuzu — intend to continue cooperating with the new GM when it emerges from Chapter 11 reorganization.

Tags: Chapter 11 Reorganization, General Motors, Gm, Isuzu, Japanese Automakers, Japanese Partners, Partner, Suzuki, Toyota

One week after Chrysler LLC filed for Chapter 11 reorganization, Automotive Lease Guide slashed projected residual values of the company’s 2009 vehicles by 6 percentage points across the board.

Tags: Chapter 11 Reorganization, Chrysler, Lease Guide, Llc, Percentage Points, Residual Values

Chrysler LLC has a potent new weapon to thin its dealership roster: Bankruptcy Court. In a move that rocked dealers last week, the company filed for Chapter 11 reorganization in U.S. Bankruptcy Court for the Southern District of New York.

Tags: Bankruptcy Court, Car Dealers, Chapter 11 Reorganization, Chrysler, Llc, New Weapon, Southern District Of New York

Now the legal jockeying begins. Chrysler LLC’s filing for Chapter 11 reorganization will unleash a wave of legal petitions, motions and countermotions, as everyone with a stake in the automaker’s future seeks to influence the reorganization plan.

Tags: Automaker, Bankruptcy, Chapter 11 Reorganization, Chrysler, Legal Petitions, Motions, Reorganization Plan, Stake

Chrysler LLC will begin immediately the process of evaluating which dealerships will survive its Chapter 11 reorganization and which will not, co-President Jim Press told dealers in a national conference call today.

Tags: Chapter 11 Reorganization, Chrysler, Chrysler Dealerships, Co President, Llc, Nada, National Conference Call, President Jim

Delphi Corp. officials will meet in Washington on Monday with officials from General Motors and the presidential auto task force to discuss a plan for the supplier to leave Chapter 11 reorganization after more than three years.

Tags: Bankruptcy, Chapter 11 Reorganization, Delphi, Delphi Corp., Exit Delphi, General Motors, Gm, Task Force, Washington

Delphi Corp. officials will meet in Washington on Monday with officials from General Motors and the presidential auto task force to discuss a plan for the supplier to leave Chapter 11 reorganization after more than three years.

Tags: Bankruptcy, Chapter 11 Reorganization, Delphi, Delphi Corp., Exit Delphi, General Motors, Gm, Task Force, United States, Washington

Supplier Dura Automotive Systems Inc., which emerged from Chapter 11 reorganization last summer, is taking the first step toward becoming a private company, according to regulatory documents filed late Wednesday.

Tags: Chapter 11 Reorganization, Dura Automotive Systems, Dura Automotive Systems Inc, Private Company, Regulatory Documents, Supplier Dura Automotive Systems Inc.