An official says the Canadian government is limiting how many vehicles Stellantis and GM can import tariff free after the ...
Dubai, United Arab Emirates – Central Trading Company, a member of Al Rostamani Group, in partnership with ACDelco, a ...
The Chapter 11 process is not going smoothly for First Brands. The supply chains of car part retailers and the availability of specific products could be negatively impacted. As such, when First ...
Advance Auto Parts (AAP) is back in the black after recent restructuring moves. The company has revised its earnings outlook as it factors in higher net interest costs from a new debt offering.
Who is First Brands Group? First Brands Group produced OE aftermarket parts for many of the well-known brands you see on your local auto parts store shelves. Needed a filter? You probably bought one ...
US auto parts maker First Brands filed for Chapter 11 bankruptcy, burdened by over $6 billion in debt from acquisitions, securing $1.1 billion in financing. This move, alongside affiliated ...
Major auto parts maker First Brands Group, LLC. filed for bankruptcy protection over the weekend — revealing billions of mounting debt in the process. The auto parts manufacturing company filed for ...
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. First Brands Group Holdings has filed for Chapter 11 ...
There hasn’t been a Canadian-owned carmaker in more than 100 years. Flavio Volpe, who represents the country’s auto-parts makers, thinks that should change. Mr. Volpe, head of the Automotive Parts ...
First Brands Group filed for bankruptcy Monday, threatening big losses for Wall Street lenders after the market lost confidence in the auto-supplier’s financial disclosures and use of ...
NEW YORK (Reuters) -U.S. auto parts maker First Brands filed for bankruptcy protection on Monday after disclosing liabilities exceeding $10 billion, marking the collapse of a company whose rapidly ...
A giant of the auto parts supply industry has filed for chapter 11 bankruptcy in the United States with billions in debts owed to creditors. Is this a sign that the industry is going through change ...