parts News Updates

GovernmentBusinessEquipment

First Brands to Sell 12 Brands Including聽Autolite for $25M

The 12 brands in the deal include Fram, Autolite and Trico, according to聽court documents聽dated March 25.聽

March 27, 2026
BusinessTechnologyEquipmentLogisticsFor-Hire

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, 2026
GovernmentBusinessEquipment

Ex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, 2026
GovernmentBusinessEquipment

First 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, 2026
GovernmentBusinessEquipment

Ex-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, 2026
GovernmentBusinessEquipment

First 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, 2026
GovernmentBusinessEquipment

First 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, 2026
GovernmentBusinessEquipment

First 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, 2026
BusinessEquipment

Auto 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, 2026
GovernmentBusinessEquipment

First 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

Trending

Newsletter Signup

Subscribe to Transport Topics

 

Hot Topics