But General Motors (News - Alert) Co. and Ford Motor Co. have been profitable this year and stand to make even more money when the market recovers. ...

The business, which began in 1926, specialized in making antique reproductions and solid wood furniture. "They were victims of the economy," said Roy M. Terry, Howerton's attorney. The company filed for bankruptcy Monday. It was unclear when the business would close. The Norfolk-based railroad company says it has set a ...

Automakers felt the downside of the cash-for-clunkers program last month, as their sales fell significantly from the government-induced surge a year ago.

How to avoid three traps that ensnare even breakthrough companies.

PROFESSIONAL EXPERIENCE: Akerson will take over as CEO of General Motors Co. on Sept. 1. He joined the automaker's board of directors in July 2009. ...

The sale was completed on July 10, 2009. GM listed assets of $82.3 billion against debt totaling $172.8 billion. The case is In re Motors Liquidation Co., ...

PROFESSIONAL EXPERIENCE: Akerson will take over as CEO of General Motors Co. on Sept. 1. He joined the automaker's board of directors in July 2009. ...

According to his biography on GM's website, Akerson is managing director and has been head of global buyouts at the Carlyle Group since 2009. ...

But General Motors (News - Alert) Co. and Ford Motor Co. have been profitable this year and stand to make even more money when the market recovers. ...

Guangzhou Auto listed after completing a buyout of unit Denway Motors Ltd. last week. Based on the ratio of closely held Guangzhou Auto stock exchanged for ...

As an example. Here in Canada,we to have had some issues with pension funding. In the spring of 2009, things were looking really grim. We,the GM retirees joined forces,with the salary retirees. Together we got a lot done. ... for several years, then left to take over as Chief Executive of General Instrument, a post recently vacated by Don Rumsfield. In addition to his GM job, he's listed as a managing director at the Carlyle Group and is co-head of their buy-out group. ...

He soon became the co-head of the firm's American buyout operations, and was named the global head of the buyout business in July 2009. “Dan Akerson is one of the most exceptional executives in the country and will serve both G.M.'s ...

The cost to American taxpayers topped $100 billion—enough to buy every car and truck sold in America in the first half of 2009. With unprecede… More >> · Crash Course: The American Automobile Industry's Road from Glory to Disaster .... Then the Japanese brought out SUVs, gas prices rose, and G.M. was forced to pay $2 billion to Fiat to withdraw from its prior buy-out agreement. Meanwhile, Ford lost $12.6 billion in 2006, brought in a new CEO (Mulally, from Boeing), ...

12, 2010, shows Daniel F. Akerson, the managing director and head of global buyout of The Carlyle Group. General Motors Co. CEO Ed Whitacre said he's stepping down Sept. 1, 2010. Whitacre said he will be replaced by Akerson, GM board member . ... Akerson has served on GM's board since July 2009. He has worked for The Carlyle Group, a Washington private-equity group, since 2003. Previously, he worked in top executive positions at MCI Communications in the 1980s and 1990s. ...

You European types are all over this already, I know, but for the late sleepers out there….. German officials held 12 hour talks last night with the bidders for Opel and the end result of this marathon? One potential owner.