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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 ...
A recall is the auto industry’s version of a safety net. When either a manufacturer or the National Highway Traffic Safety Administration ( NHTSA ) discovers that a vehicle, ...
Marelli Holdings Co., the struggling auto parts supplier for Nissan Motor Co., Stellantis NV and other carmakers, plans to seek Chapter 11 bankruptcy protection in the U.S. to slash its debt burden ...
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 ...
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 ...
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