French companies from the automobile and electronics sectors will be working together in the near-term to improve and fix supply chain glitches that have hit the country's car industry, said the ...

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 ...

A seasoned news and features author, Aakash operates at the intersection of tech, business, and marketing. Previously, he was an Editor at TechRadar and Mashable, before moving to Product Marketing ...

Employees of German technology company Bosch protest against the company's plans to cut thousands of jobs at the company's headquarters in Gerlingen near Stuttgart, southern Germany on March 20, 2024.

The auto industry in Europe's biggest economy has been hammered by fierce competition in key market China, weak demand and a slower than expected shift to electric vehicles. The cuts, all of which ...

Troubled automotive parts maker First Brands Group is preparing to file for bankruptcy as soon as next week and is looking to secure a loan of at least $1 billion to keep the business running while it ...

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 ...

(Bloomberg) -- Creditors to First Brands Group are tallying paper losses in the billions of dollars and trying to assess the widening damage from the unanswered questions swirling around the ...

The seemingly sudden bankruptcy of subprime auto lender Tricolor Holdings has thrown the used-car financing world into chaos, with banks, investors, and regulators racing to untangle the complex ...

Helmut Marko has confirmed that Max Verstappen will be allowed to enter the Nurburgring 24 Hour endurance race next season after securing his license ahead of the Azerbaijan Grand Prix. The 24 Hours ...

WASHINGTON, Sept 16 (Reuters) - The U.S. Commerce Department said Tuesday it will consider industry requests to impose tariffs on additional imported auto parts in the coming weeks on national ...

Tricolor, a major subprime auto lender specializing in buyers without social security numbers or credit histories, is going out of business. The company filed for bankruptcy on Wednesday. Most ...