Ford, GM Step In to Fund First Brands as Lenders Balk

After struggling to obtain new money from its top lenders, the bankrupt auto-parts supplier said it has secured prepayments ...

First Brands Winding Down Parts of Business

The bankrupt auto-parts supplier has been unable to shore up additional liquidity it needs before cash runs out in days.

Ford and General Motors in talks with First Brands over rescue financing

First Brands makes important components for Ford and GM, including windscreen wiper parts for the F-150, Ford’s best-selling ...

First Brands' lenders oppose $700 million loan request, push for asset liquidation, WSJ reports

Jan 26 (Reuters) - First Brands' top lenders, including distressed-debt investors King Street Capital Management and Mudrick ...

First Brands to wind down key units as it seeks buyers amid bankruptcy crisis

Jan 26 (Reuters) - First Brands said on Monday it has begun winding down parts of its North American operations, including ...

Ford and General Motors in talks with First Brands over rescue financing, FT reports

Jan 26 (Reuters) - Ford and General Motors are in negotiations with bankrupt car parts supplier First Brands Group over a ...

First Brands lenders balk at second lifeline, explore liquidation

Top lenders to the auto-parts supplier are resisting a second loan sought by the company after the original bankruptcy ...

Bankrupt Supplier Killing Off Autolite And Other Brands

Three major auto parts brands are being killed off amid bankruptcy, as mounting lawsuits and failed sales mark the collapse ...

Ford, GM in talks with First Brands over financing to avoid supply disruption - report

Ford and GM consider prepayment financing to keep bankrupt First Brands operating during Chapter 11 proceedings. Read more.

First Brands Group Commences Wind Down of North American Brake Parts Inc., Cardone, and Autolite Business Units

All Other Business Units Continue to Operate as Company Pursues Strategic Sale Transactions Across Its Portfolio of Market-Leading Products and Brands ...
Crain's Cleveland Business

First Brands to end operations of three key units as it pursues sales of others

First Brands Group LLC, the Cleveland-founded global automotive parts supplier that in late September filed for Chapter 11 bankruptcy protection, said it has started "a wind down" of some of its North ...
Motoring USA on MSN

First Brands is facing liquidation

After a loan was rejected by the debtors of the company, First Brands now faces the possibility of a complete liquidation of its assets, which would effectively wipe the company from existence.