Restructuring and Recapitalisations

Takata plans to present restructuring plan to carmakers in May, report says

10:58 am U.S. ET | Feb. 3, 2016

Takata is preparing to present a restructuring plan to automakers in early May that will include an agreement on the sharing of recall costs, people familiar with the matter told Bloomberg....
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Wheel supplier Superior gets makeover under new CEO Stebbins

11:17 am U.S. ET | Dec. 30, 2015

Superior Industries, the longtime auto supplier with roots dating back to 1957 in southern California, is reinventing itself and the wheels it makes. New CEO Donald Stebbins is aiming to take Superior away from being a “middle of the road” supplier....
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VW's Winterkorn tells staff of coming reorganization

June 17, 2015 14:27 CET

Volkswagen Group CEO Martin Winterkorn told staff about a planned restructuring that will give the automaker's brands and regional chiefs more responsibility to make the company more responsive to industry and customer changes....
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Supplier Chassix buys times with debt holders

3:32 pm U.S. ET | March 5, 2015

Chassix, the auto-parts maker owned by billionaire Tom Gores' Platinum Equity LLC, said its bondholders agreed to refrain for a month from pursuing a default after the company missed an interest payment....
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GM retrenches in Thailand after Indonesia retreat

11:24 am U.S. ET | Feb. 27, 2015

A day after announcing it is to stop making GM-branded cars in Indonesia, General Motors today said it would cease production of its Chevrolet Sonic in Thailand by the middle of this year....
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