The bankrupt company said it has begun winding down parts of the business as part of its Chapter 11 restructuring, while ...
The bankrupt auto-parts supplier has been unable to shore up additional liquidity it needs before cash runs out in days.
Top lenders to the auto-parts supplier are resisting a second loan sought by the company after the original bankruptcy ...
First Brands Group, the auto parts maker facing a growing wave of doubts about its finances and earnings statements, is discussing options with its creditors for restructuring its $6 billion debt load ...
The automobile tires and wheels aftermarket segment has faced economic challenges over the last year, resulting in product dealers closing store locations, filing for bankruptcy, selling businesses, ...
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 ...
First Brands Group is seeking the expedited relief of $250 million it claims is being held up by customers and the bankruptcy process. The move comes months after the company filed for bankruptcy and ...
Troubled automotive parts maker First Brands Group is preparing to file for bankruptcy as soon as next week and is looking to secure a loan of at least $1 billion to keep the business running while it ...
According to Charles Moore, interim chief executive officer of First Brands, "Welcoming three accomplished automotive leaders to the First Brands team marks an important milestone in our ...
When it comes to buying auto parts, you have quite a few options. Not only can you buy parts through your vehicle's manufacturer and the dealership, but you can also search online, as well as ...