Tuesday, June 2, 2009 Delphi sold in $3.6B deal Transaction with private-equity firm may lift parts-maker out of bankruptcy david Phillips / Special to The Detroit News Detroit — While its former parent formally entered bankruptcy proceedings Monday, auto parts manufacturer Delphi Corp. reached a deal to sell the bulk of its assets to a [...]

June 3, 2009   G.M. Sells Hummer but Does Not Name Buyer By THE NEW YORK TIMES A day after seeking bankruptcy protection, the automaker General Motors said Tuesday that it had entered a tentative agreement to sell its Hummer brand. The company, in a statement, did not name the proposed buyer or the price. [...]

  GM will let Tennessee plant at Spring Hill idle; may make new car   By Richard Locker (Contact), Memphis Commercial Appeal Monday, June 1, 2009 NASHVILLE — The news for General Motors’ sprawling Spring Hill, Tenn., auto assembly plant could have been worse: Instead of going "standby" late this year — idling all but [...]