GM hires ‘bankruptcy’ and ‘restructuring’ veterans

If last week the Wall Street Journal reported that Chrysler LLC had hired bankruptcy law firm Jones Day, its reports on Thursday said General Motors (GM) has tapped Harvey Miller of New York law firm, Weil Gotshal & Manges LP, to handle any potential bankruptcy filing.

Former Detroit mayor’s ex-girlfriend pleads guilty

Three months after former Detroit Mayor Kwame Kilpatrick’s guilty plea, his former mistress and mayoral chief of staff, Christine Beatty, pleaded guilty to two felony counts of obstruction of justice December 1 relating to the text-message scandal also involving Kilpatrick.

GM Said to Study Shedding Saturn, Saab, Pontiac to Win U.S. Aid

GMIn an attempt to save money and reduce overlap, General Motors Corp, the biggest US automaker, is studying whe

Nissan to skip auto shows in Detroit and Chicago

Nissan Motor Co.In the latest move to cut its marketing budget in the tight auto market, a major automaker - Nissan Motor Co - has decided to skip the Detroit and Chicago auto shows, which are costly trade events designed to showcase upcoming vehicles.