/

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
Manor fires up Ferrari engine at Sepang
Mar.26 (GMM/Inautonews.com) By the sound of it, Manor appears on course to hit the track this weekend for the ...
Vettel turns down Rosberg’s debrief invite
Mar.26 (GMM/Inautonews.com) Sebastian Vettel has turned down Nico Rosberg's invitation to attend his engineering briefing in Malaysia. In Australia, the ...
Red Bull fracas just ‘frustration’ – Ricciardo
Mar.26 (GMM/Inautonews.com) Daniel Ricciardo has dismissed as "frustration" the unseemly spat between Red Bull and its works engine partner ...
Williams signs Sutil as 2015 reserve
Mar.26 (GMM/Inautonews.com) After a quiet winter for the experienced 32-year-old, Adrian Sutil has kept his formula one dream alive. Some ...
Alpina B5 Bi-Turbo and B6 Bi-Turbo Edition 50 introduced
Alpina has introduced two special edition models of the B5 Bi-Turbo and B6 Bi-Turbo. The Edition 50 special versions have been ...
Lamborghini Aventador gets crashed into by Passat replica in China
A Lamborghini Aventador has been destroyed recently in China after being crashed into, sideways, by the Chinese equivalent of a ...
Teased – 2016 Toyota RAV4 Hybrid
The 2016 Toyota RAV4 Hybrid will be officially presented to the public next week, during the 2015 New York Auto ...
[VIDEO] Lamborghini Aventador SV promo released
The promotional video of the brand new Lamborghini Aventador SV has been released recently and it’s one of the best ...
[VIDEO] This is a rap video about a Lamborghini Aventador
It’s not every day we get to see a rap video about a Lamborghini Aventador and we’re actually glad that ...
This is the first image with the 2016 Kia Optima
Kia has release the first image with the new generation of the Optima which is revealing the model’s design. After it ...
For sale – BMW M5 30 Jahre
A rare example of the BMW M5 30 Jahre special edition is currently being offered for sale for less than ...
Toyota to shed 50 percent of retooling cost thanks to efficiency strategy
The largest Japanese company and the world’s biggest automaker announced recently it plans to shed half of the associated expenses ...
New-gen Renault Laguna to be introduced in July
The replacement of the current Renault Laguna is said to make its debut this July, before reaching dealerships across the ...
Recall roundup: Three separate campaigns announced by Ford
Ford has issued three separate recall campaigns which are affecting approximately 220,000 vehicles in the 2011 to 2015 model years. The ...
Lamborghini Aventador Roadster by Shoreline Motoring
An impressive looking Lamborghini Aventador Roadster, signed by Shoreline Motoring, has been presented over the web. The Lamborghini Aventador needs no ...
US: cars to avoid right now
The bustling new car sales are treating to a welcomed recovery the US auto market, but the shopping spree doesn’t ...
Report – Italy’s Pininfarina could be acquired by India’s Mahindra
India's Mahindra & Mahindra has engaged in purchase negotiations with luxury car designer Pininfarina for the acquisition of a majority ...
Tesla gets UK lawsuit over supercharger network
The California-based electric automaker Tesla Motors has been taken to court in London, Great Britain, because of a clash that ...