Report: Think Global files for bankruptcy
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Thread: Report: Think Global files for bankruptcy

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    The Spaminator ausrutherford's Avatar
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    Report: Think Global files for bankruptcy

    Report: Think Global files for bankruptcy
    Jun 22nd 2011
    Autoblog.com

    When Ener1 abruptly ended its four-year-long deal with Think Global, saying that its investment was "impaired," we had reason to worry. Now comes word that the struggles continue to mount at Think Global and that the automaker has filed for bankruptcy. Again.

    According to a statement released by Ener1, Think Global will liquidate its assets in an attempt to pay back its creditors. Apparently, Ener1 has stepped in and is currently in charge of recovering some $32 million in unpaid loans and accounts receivable from Think Global.

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    Ford Falcon ndwariga's Avatar
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    Re: Report: Think Global files for bankruptcy

    People go into the car business thinking its easy. Its not. Watch Tesla, Fisker etc.. they might not be in this world for long.. after all the talk.. this is a very difficult business..
    Got Exclusive News or Exclusive car pictures? email me or post them here with Title "Fomoconews Exclusive: .....

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