All bankruptcy articles
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FeatureDependable Auto Shippers files for Chapter 11 Protection
US finished vehicle haulier Dependable Auto Shippers (DAS) has filed for bankruptcy, according to a report in the Wall Street Journal published over the festive break.The WSJ reported that the company, which has been moving cars for over 50 years, could not repay debt following revenue problems that stemmed from ...
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FeatureSupply problems hit Avtovaz production in Russia
Russian carmaker Avtovaz is facing serious ongoing supply problems to its plants in the country. Last week (September 6th) it was forced to stop the line at its joint venture plant with GM in Togliatti because of disruption to inbound parts supply for the Chevrolet Niva. Two days later several ...