Checker (the Cab Builder) Files Bankruptcy

After 87 years of building taxi cabs and motor vehicle parts, Checker Motors filed for Chapter 11 bankruptcy protection January 16, 2009.

The company joins at least seven other major auto suppliers that have filed for bankruptcy in the past year.

Once the company made the taxi cabs that crowded many metropolitan US cities and made the term "yellow cab" universal.

It's another sign of the times but hopefully one that will come to an end with the change of administrations in Washington starting tomorrow. Consumers can only hope.

Burdge Law Office
Helping consumers since 1978.