Advance Auto Parts (AAP) is back in the black after recent restructuring moves. The company has revised its earnings outlook as it factors in higher net interest costs from a new debt offering.

You've probably never heard of First Brands Group, but if you've spent much time in an auto parts store, you've heard of some brands it owns: Fram filters, Autolite spark plugs, Trico wipers, and ...

Ian Wright joined CarBuzz as an automotive journalist and photographer in 2018. His career started with specialist publications, covering everything from Harley-Davidson to Ferrari. Before writing for ...

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 ...

US auto parts maker First Brands filed for Chapter 11 bankruptcy, burdened by over $6 billion in debt from acquisitions, securing $1.1 billion in financing. This move, alongside affiliated ...

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 ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. First Brands Group Holdings has filed for Chapter 11 ...

Auto-part supplier First Brands Group LLC is preparing to enter bankruptcy with no restructuring plan in place, a sign of how quickly the Rochester Hills-based company’s fortunes are unraveling, ...

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 ...

A giant of the auto parts supply industry has filed for chapter 11 bankruptcy in the United States with billions in debts owed to creditors. Is this a sign that the industry is going through change ...

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 ...