Genuine Parts Co on Tuesday cut its full-year profit forecast on higher restructuring costs and weak demand for auto parts.
In this captivating video, discover the incredible artistry and creativity behind crafting an amazing clock from car parts. Watch as ordinary automotive components are transformed into a stunning ...
Discover an innovative way to repurpose old car parts with this cool idea! Before you decide to throw away your unused car pieces, watch this video to learn how you can give them a second life. From ...
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 ...
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 ...
(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 ...
The engineering giant is hoping the job cuts will save €2.5bn as Europe’s car market crisis stretches on. Bosch will cut around 13,000 extra jobs at its auto-parts business by 2030, representing about ...
Nobody was injured in a massive overnight fire that destroyed part of a Tillsonburg auto-parts plant, causing an estimated $10 million in damage and affecting at least 80 jobs, a fire official said ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Lenders to First Brands Group are rushing to shore up the car parts supplier as it prepares for 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 ...
(Bloomberg) — Creditors to First Brands Group are tallying paper losses in the billions of dollars and trying to assess the widening damage from unanswered questions swirling around the auto-parts ...