Regulator says it is watching the fallout from First Brands’ $10bn collapse as lenders and investors reassess risks in ...

An online auction featuring items seized from Bul Auto in Colonie is now live. Collar City Auctions says the inventory includes auto parts, wheels, an auto lift, tools, office furniture, and computers ...

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 ...

First Brands Group Holdings has filed for Chapter 11 bankruptcy, capping weeks of turmoil sparked by creditor concern over the auto supplier’s use of opaque off-balance sheet financing. The Rochester ...

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 ...

Ontario auto dealers are welcoming a two-year, test-and-learn regulatory initiative that will enable them to sell embedded car insurance at the point of sale, so long as the sales are conducted by a ...

Troubled auto part supplier 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 ...

When a bank lends you money to buy a house or a car, it looks at your overall finances. How much money do you make? How much debt do you have? How good have you been at paying off past debts? It's ...

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 ...

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 the unanswered questions swirling around the ...