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 ...
First Brands Group filed for bankruptcy Monday, threatening big losses for Wall Street lenders after the market lost confidence in the auto-supplier’s financial disclosures and use of ...
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 ...
The five-seat Li i6 comes in a single trim starting at RMB 249,800 ($35,020), 26.49 percent lower than the six-seat Li i8. Li Auto aims for the Li i6 to achieve stable monthly deliveries of 9,000 to ...
The auto industry in Europe's biggest economy has been hammered by fierce competition in key market China, weak demand and a slower than expected shift to electric vehicles. The cuts, all of which ...
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 ...
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 ...
Washington — New federal trade data has put firmer numbers to what automotive leaders have said for months: President Donald Trump’s tariff policies are quickly unsettling the industry. Import levels ...
In the latest WSJ-NORC poll, women viewed the economy much more negatively than men. It also shows signs that men are getting pessimistic, too. WSJ’s Janet Adamy and Aaron Zitner break down why. Photo ...
Ben Khalesi covers the intersection of artificial intelligence and everyday tech at Android Police. With a background in AI and data science, he enjoys making technical topics approachable for those ...
(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 ...
We finally got the GTA 6 release date before GTA 6: Rockstar Games has just confirmed the game's launch plans in a shareholder meeting. Here's everything to know. Rockstar Games just confirmed GTA 6's ...