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The sudden financial collapse of this big auto parts firm points to the next market meltdown
First Brands accumulated billions of dollars in debt, without the lenders knowing much about it. Is a stock market implosion ...
The Trump administration will expand a program to provide partial relief from tariffs on car and truck parts for companies that produce vehicles in the U.S., President Trump said in an executive order ...
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 ...
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 ...
When most investors decide that they want to invest in the automotive industry, they start purchasing stocks from Ford Motor Company (NYSE: F), Mitsubishi (TYO: MSBHY), Nissan (NASDAQ: NSANY) or ...
Genuine Parts incurred $49 million in after-tax expenses or 36 cents per share, tied to restructuring efforts aimed at streamlining operations. Automotive sales rose 5% on year, primarily due to ...
Ian Wright joined CarBuzz as an automotive journalist and photographer in 2018. His career started with specialist publications, covering everything from Harley-Davidson to Ferrari. Before writing for ...
(Reuters) -U.S. auto parts maker First Brands filed for Chapter 11 bankruptcy protection on Monday, burdened by heavy debt from a flurry of acquisitions and stressed finances. First Brands has ...
President Donald Trump ordered a review of decade-old pension cuts to some retirees at a former General Motors auto parts unit, the White House said on Thursday, 12 days before the Nov. 3 U.S.
My name is Anna. I'm from out of state. I left my lights on overnight. I'm out of money and I needed a new battery and lo and behold my battery was still under warranty and they brought it to my ...
A new Section 232 action adds tariffs on imported trucks, buses, and parts, reshaping costs and supply chains across the U.S.
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