Doubt continues to grow on whether or not GM can avoid bankruptcy very soon. GM is backed into a corner with its well-heeled bond holders not budging and too many creditors clamoring for
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April 2009
Chrysler-Fiat Iffy While GM Gets Gloomy and Saturn is Selling Out
Fiat has said that there's no better than a 50-50 chance they will work out a deal with Chrysler, which only has until the end of the month to get the deal done.
GM Default Likely, S&P Says
Standard & Poor, the people who rate the credit status of corporations, has cut GM's rating deeper into junk value because its assets are shrinking, sales are light and debt is not being
Reinventing Our Wheels
The Spring 2009 issue of Good magazine is all about transportation and focuses on reinventing transportation in all its facets, with particular emphasis on cars and all things Detroit. You can't see it
Making Handbags to Survive
It's not all doom and gloom in the Rv industry. Some folks are making success out of disaster too.While others in the industry are closing down and giving up, Goshen Indiana's Specialty Window
Navistar to buy Monaco Coach ?
700 Monaco Coach shareholders are likely stuck holding an empty bag of shares of stock after the company terminated them and filed for bankruptcy in March. Everyone agrees the stock has become virtually
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