GM management is open to a possible prepackaged bankruptcy. Chery received approval to buy Volvo. The CEO of Tesla has been caught trying to set a trap for his employees. All that and more, plus a look at some advanced technology Visteon is working on.
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Visteon files for Chapter 11 bankruptcy protection (AP via Yahoo! News)
Auto parts supplier Visteon Corp. said Thursday it — along with some of its U.S. units — has filed for Chapter 11 bankruptcy protection, as the company struggles with reduced demand from automakers amid plans for extended plant shutdowns this summer.
Visteon Files for Bankruptcy as Auto-Parts Sales Fall (Update3) (Bloomberg)
May 28 (Bloomberg) -- Visteon Corp. , the former parts- making unit of Ford Motor Co., filed for bankruptcy protection after revenue fell amid a global slump in vehicle sales.
Auto supplier Visteon files for bankruptcy (Chicago Tribune)
VAN BUREN TOWNSHIP, Mich. (AP) — Auto parts supplier Visteon Corp. said Thursday it — along with some of its U.S. units — has filed for Chapter 11 bankruptcy protection, as the company struggles with reduced demand from automakers amid plans for extended plant shutdowns this summer.
Auto Supplier Visteon Files for Chapter 11 in US - Wall Street Journal Visteon's bankruptcy makes it the latest casualty in the US auto industry, which has been hit by the Chrysler LLC bankruptcy and awaits an imminent filing by General Motors Corp. Though expected for months, a Visteon filing could complicate matters for ...
US Stocks Climb After Positive Economic Data - Wall Street Journal Parts maker Visteon put its US operations into bankruptcy protection after continued production cutbacks by its auto maker customers eroded the company's financial stability. Visteon's bankruptcy makes it the latest casualty in the US auto industry, ...
Visteon Files for Bankruptcy - WLAJ The filing comes as the company struggles with reduced demand from automakers amid plans for extended plant shutdowns this summer. From the editor: Many of you have expressed concerns about some of the harsh anonymous comments from readers. ...
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