Sale of GM’s Assets Approved
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Daily auto finance news

Sale of GM’s Assets Approved

Late Sunday, federal bankruptcy court judge Robert E. Gerber approved General Motors’ plan to sell…

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GM Agrees to Take Some Responsibility For Pre-Bankruptcy Cars
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Daily auto finance news

GM Agrees to Take Some Responsibility For Pre-Bankruptcy Cars

Eager to speed up its bankruptcy proceedings, GM has agreed to take responsibility for any…

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GM Offers Closing Dealers Up to $1 Million
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Daily auto finance news

GM Offers Closing Dealers Up to $1 Million

GM dealerships that won’t have their contracts renewed in October 2010 are being offered between…

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Chrysler Bankruptcy Will Void Any Recall Responsibilities
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Daily auto finance news

Chrysler Bankruptcy Will Void Any Recall Responsibilities

In addition to no longer honoring lemon law debts, Chrysler vehicles sold before the company…

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GM and Chrysler are Closing Dealerships, But How Does it Affect You?
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Daily auto finance news

GM and Chrysler are Closing Dealerships, But How Does it Affect You?

GM and Chrysler are going to close dealerships. The U.S. government says they have to…

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