parts News Updates

BusinessEquipmentSafety

Jeep Factory Stopped for 3 Weeks After Aluminum Plant Fire

A Stellantis plant in Michigan will remain shut down for several weeks due to a shortage of key components, a sign of the growing fallout from a supplier鈥檚 aluminum factory fire last month.

October 21, 2025
GovernmentBusinessEquipment

RealTruck Seeks to Assure Lenders After First Brands Debt Hit

RealTruck Group told lenders it uses fundamentally different financing tools from those tapped by First Brands Group, another parts maker that collapsed into bankruptcy last month.

October 16, 2025
GovernmentBusinessEquipment

First Brands CEO Patrick James Resigns After Bankruptcy

The work of untangling the company鈥檚 finances is left to Charles Moore, a restructuring expert hired last month during rushed negotiations between the company and its top creditors.

October 14, 2025
BusinessTechnologyEquipmentSafety

How to Keep Trucking's Roadside Technicians Safe

Distracted drivers can pose a major safety threat to remote repair technicians working on trucks along the shoulder of a highway.

October 10, 2025
GovernmentBusinessEquipment

First Brands鈥 Official Creditor Committee Includes Top Foe

Raistone has demanded a court-appointed examiner investigate First Brands, claiming in court papers that as much as $2.3 billion 鈥渟imply vanished鈥 from the company.

October 10, 2025
GovernmentBusinessEquipment

First Brands Exposure of $1.75 Billion Hits Japanese Venture

A joint venture between Norinchukin Bank and Japanese trading house Mitsui & Co. faces $1.75 billion of exposure to bankrupt auto parts supplier First Brands Group, court documents show.

October 9, 2025
GovernmentBusinessEquipment

First Brands Creditor Seeks Investigation of 鈥榁anished鈥 Cash

First Brands' bankruptcy filing set off a round of damage limitation by Wall Street firms now attempting to size up their exposure to the company.

October 9, 2025
GovernmentBusinessEquipmentPrivate

Investment Group Holds $161M Stake in Bankrupt First Brands

A fund controlled by a unit of Jefferies Financial Group sunk nearly a quarter of its $3 billion trade finance portfolio into receivables tied to auto parts supplier First Brands Group.

October 8, 2025
BusinessEquipment

Auto Supplier ZF Slashes 7,600 Jobs in Cost-Cutting Push

The measures underscore the pressures on the German auto industry, which is reeling from sluggish demand in Europe, the cost of tariffs and rising competition from Chinese manufacturers.

October 1, 2025
GovernmentBusinessEquipment

First Brands Probes Billions of Off-Balance Sheet Financing

The financing fueled investor concerns before the auto parts supplier fell into bankruptcy.

September 30, 2025

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