Industry Focus Areas, Motorized Vehicle
October 17, 2023
Via: Transport TopicsSweden’s Volta Trucks AB is planning to file for bankruptcy following a breakdown in its supply chain, the company said. The decision comes roughly two months after Volta’s battery supplier Proterra Inc. failed, causing the truck maker to fall short […]
Energy, Industry Focus Areas, Regulations
February 13, 2020
Via: ReutersNEW YORK (Reuters) – A federal judge on Wednesday said he was prepared to approve Philadelphia Energy Solutions’ bankruptcy plan which includes the sale of the largest East Coast oil refinery to a Chicago real estate developer for $252 million. […]
Industry Focus Areas, Motorized Vehicle, Regulations
July 19, 2017
Via: Automotive NewsTakata Corp.’s bankruptcy filing last month was meant to draw a line under the auto industry’s biggest safety recall, but last week’s announcement of more airbag inflator recalls suggests automakers could face fresh liabilities in the future. In late 2015, U.S. regulators gave Takata […]
July 13, 2016
Via: Automotive NewsA longtime General Motors supplier has filed for bankruptcy and repercussions could wreak havoc on the automaker’s North American production. Clark-Cutler-McDermott Co. filed for Chapter 11 bankruptcy protection on Thursday, July 7, after GM filed a motion to acquire dedicated […]
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