An Arlington facility for brake parts brand Cardone has been caught in the wreckage as a dramatic bankruptcy and criminal ...
After struggling to obtain new money from its top lenders, the bankrupt auto-parts supplier said it has secured prepayments ...
A failed auto parts business has begun to wind down some of its operations in North America. However, it’s currently in talks ...
First Brands makes important components for Ford and GM, including windscreen wiper parts for the F-150, Ford’s best-selling ...
Autolite, Cardone, and Raybestos are the first casualties of the sprawling First Brands collapse.
By Jonathan Stempel NEW YORK, Jan 29 (Reuters) - The founder of First Brands has been indicted by federal prosecutors for ...
Ford and GM consider prepayment financing to keep bankrupt First Brands operating during Chapter 11 proceedings. Read more.
DETROIT (Reuters) -General Motors has directed several thousand of its suppliers to scrub their supply chains of parts from China, four people familiar with the matter said, reflecting automakers’ ...
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 ...
Jan 26 (Reuters) - Ford and General Motors are in negotiations with bankrupt car parts supplier First Brands Group over a ...