UPDATE 1-Cooper-Standard emerges from bankruptcy


* Emerges with $650 million less debt * Exits bankruptcy as auto industry turns around By Tom Hals WILMINGTON, Del., May 27 (Reuters) - Cooper-Standard Holdings Inc said it emerged on Thursday from a 10-month bankruptcy during which the maker of automotive systems shed $650 million of debt. The company emerged under the control of bondholders, who swapped their debt for equity in the reorganized company. The Novi, Michigan-based company employs about 16,000 workers worldwide and ...

Premium Content (PAID Subscription Required)

"UPDATE 1-Cooper-Standard emerges from bankruptcy" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 23, 2018

Chrysler Pacifica 3.6L V-6 eHybrid – 2018 Award Acceptance

Mike Duhaime, director-electrified propulsion engineering at FCA, accepts Chrysler Pacifica Hybrid award at the 2018 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×