Industry
Automotive
3 turnaround stories from the automotive sector.
Automotive · 7 min read
Ford Motor Company
The only Detroit automaker that avoided a government bailout — by mortgaging everything it owned, including the blue oval logo, first.
Automotive · 7 min read
Chrysler
A $1.1 billion loss, a $1-a-year CEO salary, and a government loan guarantee Congress approved by a single vote.
Automotive · 7 min read
General Motors
The largest industrial bankruptcy in U.S. history — and the 40-day restructuring that turned “Old GM” into a leaner company that could survive.