/

Browse chapter 11 articles

Pescarolo may continue as a team owner even after liquidation


Pescarolo Team went into liquidation on Tuesday, but sportscar legend Henri Pescarolo does not exclude continuing as a team owner. His company was liquidated by a French court after a six-month period during which it was protected under law from its creditors in a procedure similar to Chapter 11 in the U.S. The team had to present a survival plan to ...
Read more

related more
spacer
spacer

More chapter 11 articles

Suzuki continues to offer rebates and zero percent financing in the U.S.
American Suzuki, the Japanese carmaker's U.S. subsidiary which filed for Chapter 11 bankruptcy last month, will continue to offer consumer rebates and zero percent financing to gain potential customers. As previously ...
Stagecoach buys nine Coach America Inc. businesses
Stagecoach Group Plc , the international transport group operating buses, trains,trams, express coaches and ferries on Friday said it has agreed to buy nine Coach America Inc. businesses out of ...
ResCap is bankrupt. Board of Directors Approves Chapter 11
The struggling mortgage unit of Detroit-based Ally Financial Inc. has filed for bankruptcy. The Board of Directors voted to file for Chapter 11 protection along with fifty (50) of its ...
Official: Saab will appeal against Court
Swedish Automobile NV, the owner of the 64-year-old Saab car brand, said Friday it aims to submit on Monday an appeal against a court ruling that rejected Saab's proposal for ...

latest automotive news
Designer spotted Ricciardo potential at Toro Rosso
Sep.3 (GMM/Inautonews.com) Daniel Ricciardo's rise from the deep midfield to title-contending prominence in F1 has been a surprise to ...
Ferrari customers behind in engine payments
Sep.3 (GMM/Inautonews.com) Ferrari's customer teams are behind in payments to the Maranello marque. Referring to engine customers Sauber and Marussia, ...
Briatore return would ‘help new F1′ – Alonso
Sep.3 (GMM/Inautonews.com) Flavio Briatore would be a good addition as formula one finds its direction for the future. That is ...
Life goes on for Schumacher family
Sep.3 (GMM/Inautonews.com) For the Schumacher family, life goes on. This week, a charming book penned by a young fan of ...
Alonso denies talking with McLaren’s Ron Dennis
Sep.3 (GMM/Inautonews.com) Fernando Alonso has denied being in contact with McLaren supremo Ron Dennis. Dennis is making no secret of ...
Europe could recommend Russia GP boycott
Sep.3 (GMM/Inautonews.com) Mere days ago, Bernie Ecclestone remained certain formula one will race for the first time in Russia ...
Force India plays down Mallya’s troubles
Sep.3 (GMM/Inautonews.com) Force India has played down this week's alarming news from India about team supremo Vijay Mallya. Amid the ...
2016 team Haas announces name tweak
Sep.3 (GMM/Inautonews.com) The plans of F1's newest team are marching on. Although it will only debut in 2016, the American ...
[Video] Land Rover Discovery Sport officially revealed
Just as previewed, today – at midnight in the US actually – Land Rover officially pulled the wraps off the ...
US: study finds best cars for man’s best friend
Having a family means you usually move around in your car some kids, some various sports gear, the bulk of ...
Alonso responds to rumours about future
Sep.2 (GMM/Inautonews.com) Fernando Alonso has responded to speculation he could be about to turn his back on Ferrari. The Spaniard's ...
VW sales in India serve as warning for other European carmakers
With sales more than doubling in 2011 for Volkswagen in India, it looked like the automaker’s plan was going in ...
French car sales drop in August
The main automotive industry association in France announced this Monday that the country's car sales slid 3% in August, considered ...
Report – Alfa Romeo gets ready for massive production
Alfa Romeo has begun developing three new models seen as key elements to the auto brand’s turnaround. The triple move ...
Rich tech gurus and their sweet rides
The Silicon Valley force is also showed in the parking lot. Yes, no matter how smart, powerful or wealthy, nothing ...
Privately owned cars could disappear from Helsinki
A number of cities around the world are taking steps to reduce or limit the growth of privately owned vehicles ...
Super material could dramatically increase Tesla cars range
The highly coveted luxury electric sedan from Tesla – the Model S – boasts an impressive range for the segment ...
Tesla’ s 5 states bid high for its new battery factory
Tesla has been long planning the $5 billion plant to make batteries for its new generation of electric cars. The ...