The 12 brands in the deal include Fram, Autolite and Trico, according to聽court documents聽dated March 25.聽
March 27, 2026parts News Updates
Trucking Costs Decline for Parts and Labor in Q4 2025
The Decisiv/TMC Parts & Labor Service Benchmark Report found combined parts and labor costs in Q4 declined 1.3% compared with the previous quarter.
March 15, 2026Ex鈥慒irst Brands CFO Pleads Guilty in Fraud Case
Ex-First Brands CFO Stephen Graham pleaded guilty over a fraud that drove the auto parts supply firm into bankruptcy, and he will testify against company founder Patrick James and his brother Edward.
March 6, 2026First Brands to Sell Units That Produce Parts for Ford
Three of the four businesses that First Brands is hoping to sell produce parts for Ford, which along with other carmakers have been keeping some First Brands operations afloat by paying for parts in advance.
February 27, 2026Ex-First Brands Finance Exec Details Fraud in Guilty Plea
An ex-First Brands executive told a judge in January that he falsified financial statements, inflated invoices and double-pledged collateral for the auto parts supply firm.
February 26, 2026First Brands Founder James Pleads Not Guilty to Fraud
Federal prosecutors allege Patrick and Edward James used fake and inflated invoices to persuade lenders to provide billions of dollars in financing to First Brands. Both pleaded not guilty.
February 4, 2026First Brands Founder Uses Hamptons 91视频 for $50 Million Bond
Founder Patrick James awaits trial on fraud charges stemming from the multibillion-dollar collapse of his auto parts supply business. He also must deposit $5 million in cash.
February 4, 2026First Brands Enters Mediation as Shutdown Looms
First Brands and its main creditors will start mediation sessions to potentially resolve a series of business-crippling disputes that have left the auto parts maker weeks away from a shutdown.
January 30, 2026Auto Supplier Bosch Sees Tough Markets Persisting Until 2027
Robert Bosch GmbH doesn鈥檛 expect to see significant improvement in its key markets until next year, adding to cost pressures that already triggered a wave of job cuts.
January 30, 2026First Brands Founder Indicted on Fraud, Conspiracy Charges
Patrick and Edward James were each charged with nine counts, including continuing financial crimes enterprise, wire fraud, bank fraud, conspiracy to commit wire fraud and conspiracy to commit money laundering.
January 29, 2026