A consulting firm is charging General Motors' bankruptcy estate more than $23 million for three months' work leading up to and following one of the largest corporate bankruptcy filings in U.S. history.
WASHINGTON -- Vice President Joe Biden is expected to announce Tuesday that a California luxury automaker will build plug-in hybrid electric vehicles at a former General Motors plant in Delaware.
A consulting firm is charging General Motors' bankruptcy estate more than $23 million for three months' work leading up to and following one of the largest corporate bankruptcy filings in U.S. history.
A misunderstanding over "no-strike" language in a proposed amendment to the UAW contract with Ford has sparked a backlash from some workers who accuse union leaders of giving up their mostpotent negotiating tool.
Old Carco LLC, the estate of bankrupt Chrysler, is seeking court approval to sell the automaker's mothballed Newark, Del., SUV factory to the University of Delaware for $24.3 million.
General Motors Co.'s board of directors will review the latest developments in the protracted talks for the sale of its Adam Opel GmbH subsidiary on Nov. 3, the company said Friday.
Trade-ins from the Cash for Clunkers program are piling up and auto recyclers are seeking more time to meet the deadline for disposing of all those vehicles. At some places, Ford Explorers, Chevy Blazers, Chrysler Town & Country minivans and other popular clunkers are parked bumper to bumper on several acres, many marked "C4C" on their windows, waiting to be drained of fluids, stripped of valuable parts and eventually flattened for scrap.
Members of United Auto Workers Local 900, which represents workers at Ford Motor Co.'s Wayne Assembly and Michigan Assembly plants, have narrowly approved a deal reached between the union and the Dearborn automaker last week.
