Despite a last-minute appeal, a judge's order went into effect yesterday allowing General Motors Corp. to emerge from bankruptcy a streamlined, efficient and largely debt-free company. (Today)
Associated Press
Fengshen S30 sedans parked near the assembly line at a factory of Dongfeng Motor Corp. in Wuhan, central China's Hubei province. Boosted by government incentives, China's auto sales soared 36.5 percent in June from a year earlier to 1.14 million vehicles.
BEIJING -- China surpassed the United States as the world's biggest auto market for the first half of 2009 after June sales soared 36.5 percent from a year earlier, according to data reported yesterday. (Today)
Bill Wade/Post-Gazette
Jeep vehicles sit outside the Three Rivers Chrysler Jeep Dodge dealership on West Liberty Ave.
A month has gone by since Chrysler terminated its franchise agreements with 789 dealerships nationwide, but for many of the rejected dealers, D-Day was anything but the end. (Yesterday)
When Larry Winter found out that his South Hills Chrysler Jeep Kia dealership would survive while almost 800 others across the country would not, he allowed himself to enjoy the sense of relief -- for a moment. (Yesterday)
General Motors, which is expected to emerge from bankruptcy tomorrow, still will not release a list of the about 2,600 dealers it plans to jettison by October, forcing surviving dealers to find (Yesterday)