Archive for February, 2009

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.

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An electronics maker is under court order to continue delivering parts to Visteon Corp., despite concerns about the Michigan company’s finances.

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Fitch Ratings on Thursday lowered its ratings on auto parts maker TRW Automotive Holdings Corp., citing the turmoil in the automotive industry.

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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.

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The influential magazine reveals its top picks among the 2009 model year cars, trucks and SUVs.

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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…

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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.

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