-
Recent Posts
- UAW Files Unfair Labor Practice Against American Axle
- Stellantis FaSTLAne 2030 Financial Reform Revealed
- Memorial Day Weekend Gas Prices Highest in Four Years
- Chinese Dongfeng Voyah Vehicles Coming to EU Via Stellantis
- Stellantis, Jaguar Land Rover Sign MOU on Tech Development
- Volvo Cars and Google Gemini Add AI Tech
- HondaJet APMG S Upgrade Expands to Mexico
- May 2026 Light Vehicle Production Forecast is Down Again
- Chrysler Recalls Jeep Cherokee Models for PTU Failures
- Coming Soon Chinese-Built Jeeps?
- BMW N.A. Starts Preferred Pricing at IONNA Charging Sites
- Trumped – National Average for Fuel Prices Climbing Yet Again
- First Glance – Acura Hybrid SUV
- BMW Group to Convert Preferred Shares to Common
- California Starts $1 Billion Rebate Program for Electric Trucks
Recent Comments
- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
Archives
Meta
Tag Archives: bendix
PBGC, Bendix Reach Settlement, End Litigation over Pensions
Critics of the federal agency say it has been lax and ineffective in protecting pensions. Under today’s settlement, PBGC won’t require Bendix to put up collateral for the remaining $8.4 million in pension liability, provided the company remains financially strong until the end of the year. Continue reading
Posted in auto news, financial results, labor issues, litigation, news analysis, results
Tagged auto informed, autoinformed.com, automotive news, bendix, Ken Zino, knorr-bremse, pbgc, pensions
Leave a comment
PBGC Sues Bendix for Pension Debt from Plant Closing
The action against German-owned Bendix is the first time PBGC has had to go to court to compel a company to cover pension obligations from a plant closing. Continue reading
Posted in auto news, economy, labor issues, litigation, news analysis
Tagged auto informed, auto news, autoinformed, autoinformed.com, automotive news, bendix, bendix commercial vehicle systems, bnedix frankfurt kentucky plant, Ken Zino, pbgc, pension benefit guaranty corporation, pension defaults, pensions, zino
Leave a comment
