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US: GM’s bankruptcy judge ready to retire


Robert Gerber, the New York bankruptcy judge that has guided General Motors through its 2009 government sponsored bankruptcy process and is now involved in the fallout of the company’s ignition switch debacle, has announced his retirement. The well-known judge is ready for retirement but the court will not lose his counsel as he is set to remain active in so-called recall ...
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US: Cadillac’s new headquarters to be located in SoHo, Manhattan
General Motors opted to allow its luxury unit Cadillac to gain more independence by shifting its headquarters to New York. The new location will be in the 330 Hudson building ...
FCA ready to spin off Ferrari
Fiat Chrysler Automobiles has announced a range of measures that could potentially bring in cash worth $4 billion, including a 10% Ferrari share listing in an IPO. The recently merged Fiat ...
Ebola-positive New York doctor hitched a ride with Uber
A New York City doctor, 33-year old Craig Spencer has been tested positive for Ebola after returning from work in West Africa and on his return home he was taken ...
Italy: FCA starts trading in Milan with shares up 2.7%
The world’s seventh-largest automaker, recently merged Fiat Chrysler Automobiles, had strong debut in Europe when shares of the new company became available for the first time on Monday on the ...
FCA could see massive share trading after initial listing
According to a forecast made by Reuters, the recently merged Fiat Chrysler Automobiles could trade in shares worth almost $830 million after starting New York trading on Monday, to secure ...
Fiat Chrysler Automobiles to become official on October 12
With all conditions for the merger finally met, Fiat SpA announced it would be incorporated together with its wholly-owned subsidiary Chrysler Group LLC into the Dutch-registered FCA this Sunday. After first ...
CEO Marchionne confident on FCA’s New York listing
Fiat Chrysler Automobiles is nearing its historic listing on the New York Stock Exchange and the chief executive of the newly merged group is confident the shares would mostly trade ...
Cadillac brand to relocate its headquarters to New York
General Motors, the No. 1 US automaker, has announced its Cadillac luxury brand decided to open a new headquarters in New York in 2015 in a move to reshape the ...
US: GM ignition switch lawsuits begin discovery procedures
Some of the numerous cases filed against General Motors have been approved to start discovery – which means plaintiffs and their lawyers can request documents to the company in relation ...

latest automotive news
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