auto supplier

Dana reaches new labor agreements with unions

Newsvine - business  Tue, 03/29/2011 - 17:10

Auto supplier Dana Holding Corp. said Tuesday it has reached new three-year labor agreements covering 4,000 workers.


 

American Axle restructures debt, gets help from GM

Newsvine - business  Thu, 09/17/2009 - 11:17

American Axle & Manufacturing Holdings Inc. said Thursday that it reached a deal to restructure its debt and received millions in financial help from General Motors, likely preventing a bankruptcy protection filing at struggling auto supplier.


 

Delphi heads to court to ask for bid's approval

Newsvine - business  Tue, 07/28/2009 - 22:07

Delphi Corp. heads to bankruptcy court Wednesday seeking a judge's approval of a deal that could hand control of the auto supplier to its lenders and end its four-year stay in Chapter 11.


 

Delphi creditors vote to reject Platinum deal

Newsvine - business  Tue, 07/21/2009 - 13:16

Most of Delphi's creditors have voted against a deal that would allow the auto supplier to be acquired by private-equity firm Platinum Equity.


 

Lear shares plunge on Chapter 11 worries

Newsvine - business  Fri, 06/26/2009 - 09:55

Shares of Lear Corp. tumbled for a third straight day Friday on worries that a Chapter 11 bankruptcy filing at the auto supplier was imminent.


 

Delphi attorney says talks continue

Newsvine - business  Thu, 05/21/2009 - 08:58

An attorney for Delphi says talks with members of President Barack Obama's automotive task force continue in hopes of reaching a deal to lift the auto supplier out of bankruptcy protection.