General Motors files the first paperwork required to hold an initial public offering of stock, a key step in helping it break free of US government ownership... more
Chrysler has pulled out of bankruptcy under the control of Italy’s Fiat in the hope that it will undergo a phoenix-from-the-ashes-style transformation... more
American car and jeep giant Chrysler formally went bankrupt today as part of a Washington rescue plan which it is hoped will be a template to save General Motors ... more
Chrysler sent shock waves through the world’s car industry as sources said it would file for bankruptcy following the collapse of rescue talks.
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Holding shares in the big banks should come with a health warning these days. HSBC, Europe's biggest bank slumped 24% last week, wiping £15 billion from the company's stock market value... more
Engineering: Global stock markets lost their optimism over a quickfire rescue of America’s carmaking industry after outgoing President George Bush admitted he has no timetable for the bailout of General Motors and Chrysler... more
Engineering: The board of General Motors will hold another round of crunch talks as it scrambles to complete its rescue plan to try to win a £7.8 billion government lifeline... more
Sound check: German industrial metal band Rammstein literally play with fire in their live performances - and now they are about to unleash their singeing spectacle on London. Watch out for your eyebrows
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