Lear Corp. reported Friday that its annual report will be filed late and will likely include a statement from its public accounting firm on whether the auto parts supplier can continue as a going concern.
Archive for February, 2009
An electronics maker is under court order to continue delivering parts to Visteon Corp., despite concerns about the Michigan company’s finances.
Fitch Ratings on Thursday lowered its ratings on auto parts maker TRW Automotive Holdings Corp., citing the turmoil in the automotive industry.
Fitch Ratings downgraded sent several of its ratings on auto parts maker Tenneco Inc. deeper into junk status on Thursday, citing the steep declines in automobile production in recent months.
The influential magazine reveals its top picks among the 2009 model year cars, trucks and SUVs.
The design of the Panamera, Porsche’s first four-door sedan, has sparked some controversy in the automotive world. Some say it’s amazing, others say it’s atrocious. Personally, I think the Panamera…
CapitalSource Inc., a commercial lender to middle-market businesses, on Friday reported a fourth-quarter loss of $298 million driven by loans that soured and an increase in the company’s allowance for bad loans.