Current Automotive News Today
South Korea's Ssangyong applies for receivers
Chinese-owned Ssangyong Motor of South Korea, hit by falling car sales in the face of the global slowdown, said today that it had applied for court receivership to avoid bankruptcy.
Fri, 09 Jan 2009 10:31:40 GMT
Kootenai County, Idaho : Movers & Shakers
Marty Fortier, owner of the Hayden Design Center, is offering free rent to businesses displaced by collapsing roofs.
Fri, 09 Jan 2009 10:23:01 GMT
Ssangyong Motor applies for court receivership
By KELLY OLSEN Troubled South Korean automaker Ssangyong Motor Co. has applied for protection from creditors to buy time to restructure itself into a profitable manufacturer after red ink mounted and cash flow ...
Fri, 09 Jan 2009 09:53:00 GMT
Car dealers mash brakes in 2009
WITH car sales expected to decline in 2009, president of the Automobile Dealers Association of Trinidad and Tobago , Philip Knaggs said yesterday projections look dim so far.
Fri, 09 Jan 2009 09:52:30 GMT
Ryder buys Edart Leasing
Ryder System, Inc. has reached an agreement to purchase the full service truck leasing, commercial truck rental and contract maintenance businesses of Edart Leasing Company LLC, a Northeast U.S. regional ...
Fri, 09 Jan 2009 09:49:32 GMT
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