GM avoids $1 billion stock payout as U.S. judge throws out settlementJan. 18
The trust set up to handle GM's bankruptcy claims acted in bad faith in reaching a $15 million class-action settlement that would have forced the company to contribute as much as $1 billion in new stock, a judge ruled in throwing out the accord.
107-year-old Stelco, once seen as a relic, is stirring to lifeDec. 5, 2017
Key Safety Systems signs deal to acquire Takata for $1.6 billionNov. 21, 2017
Key Safety files final deal to buy embattled supplier TakataNov. 4, 2017
Chassix to acquire Benteler's automotive casting businessOct. 27, 2017
Old Chrysler hand still seethes over dealer axingOct. 23, 2017
Detroit's leather-maker hits a financial wallOct. 14, 2017
Takata says $1.6 billion Key Safety deal to be signed within 2 weeksOct. 2, 2017
Key Safety Systems has agreed to terms on the purchase of assets of Takata, and final documents will be signed in less than two weeks. Takata had been stricken by a recall of its faulty vehicle airbags.
Is Uber partly to blame for a Michigan leather seat supplier's bankruptcy?Oct. 4, 2017
Uber has been blamed for crushing the taxi industry, labor rules, privacy -- and now leather car seats? That's the contention of bankrupt GST AutoLeather, which makes leather and components for virtually ever major automaker.
GM thwarts plaintiffs' $1 billion accord with Old GM trust fundAug. 17, 2017
U.S. judge in Takata bankruptcy halts lawsuits vs. automakers for 90 daysAug. 16, 2017
GM accuses bankruptcy trust of secret $1 billion stock plotAug. 11, 2017
General Motors accused the trust set up to handle its bankruptcy claims of secretly plotting with plaintiffs' attorneys to make it pay $1 billion in stock as part of a $15 million class-action settlement.