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 private-equity firm and finally [...]

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. It said that the sale [...]

 
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 600 of the plant’s [...]