Arlington auto parts facility closing as parent company goes under, founder arrested

An Arlington facility for brake parts brand Cardone has been caught in the wreckage as a dramatic bankruptcy and criminal ...

Ford, GM Step In to Fund First Brands as Lenders Balk

After struggling to obtain new money from its top lenders, the bankrupt auto-parts supplier said it has secured prepayments ...

Failed auto parts company to shut down parts of business

A failed auto parts business has begun to wind down some of its operations in North America. However, it’s currently in talks ...

Ford and General Motors in talks with First Brands over rescue financing

First Brands makes important components for Ford and GM, including windscreen wiper parts for the F-150, Ford’s best-selling ...

First Brands founder indicted for fraud after bankruptcy that hit lenders, Ford, GM

By Jonathan Stempel NEW YORK, Jan 29 (Reuters) - The founder of First Brands has been indicted by federal prosecutors for ...
CarBuzz on MSN

Autolite, Raybestos Shutting Down Amid First Brands Bankruptcy

Autolite, Cardone, and Raybestos are the first casualties of the sprawling First Brands collapse.

Ford, GM in talks with First Brands over financing to avoid supply disruption - report

Ford and GM consider prepayment financing to keep bankrupt First Brands operating during Chapter 11 proceedings. Read more.
GM Authority

Lawsuit Claims GM Falsely Advertising ACDelco Parts As Made In USA

The new Trump import tariffs have placed even greater scrutiny on U.S. manufacturing, with automakers now scrambling to pinpoint how much the new taxes will add to overall manufacturing costs. That ...

Ford and General Motors in talks with First Brands over rescue financing, FT reports

Jan 26 (Reuters) - Ford and General Motors are in negotiations with bankrupt car parts supplier First Brands Group over a ...