Although the price of oil reached $125 per barrel 18 months after the company was founded, and the world's biggest carmaker, General Motors (NYSE: GM), filed for bankruptcy in 2008, Better Place was unable to exploit this. Published by Globes [online], ...

One was used as a Coast Guard pavilion; the other two housed exhibits by outboard motor companies. Chuck Stafford was 10 when he and his family visited the fair from their upstate home in ... �My dad was an engineer in the paper mill machinery business ...

Lawyers for the trust, officially the Motors Liquidation Co. GUC Trust, are now asking Robert Gerber, the judge that oversaw GM's Chapter 11 case, to estimate the amount of the whistleblower's claim.

But the company's top spokesman, Gualberto Ranieri, just couldn't resist poking Tesla Motors Tesla Motors chief executive Elon Musk in the eye after the California electric vehicle maker announced Wednesday it had paid off the $451.8 million balance on ...

Company President Chris Light said he and a partner are in the final stages of developing a no-idle climate control system for motor vehicles. Light hopes to open a new business to market that product after Armored Solution's assets are liquidated. "It ...

Car sales are growing in the United States, but brands with market shares under half a percent cannot compete with companies that either produce high-luxury models like Mercedes-Benz or multiline giants like General Motors. Suzuki pulled out of the ...

It's been an incredible move, and anyone wanting to see a full-scale liquidation of a hugely over crowded trade will use this as textbook.

Meanwhile, the death of Indianapolis Motor Speedway Corporation CEO Joe Cloutier left 30-year old Tony George, son of Company chairperson Mari Hulman George, in charge of Indianapolis Motor Speedway Corporation. George's new role gave him sway with ...

The company's U.S. arm, in addition to owning Walgreen stores in the Midwest, provides parts to one of every three new cars manufactured here.

The Agreement specifically stated that �[i]f the Purchaser is in breach of any of the covenants or obligations hereunder, the Vendor may, at its election, retain the Deposit�as liquidated damages.� The Agreement went on to state that �[t]he parties ...