STATEN ISLAND, N.Y. -- Advance Auto Parts, which announced in November that it planned to close 523 corporate and 204 independent locations as part of what it called a “strategic plan to improve ...
The Daily Overview on MSNOpinion
Car-parts supplier collapse exposes brutal truth about cash flow lies
The implosion of a giant car-parts supplier has turned a dry accounting concept into a visceral shock for drivers, lenders, ...
Auto part prices will continue to rise into year-end as cost pressures show no signs of abating, according to one industry executive. Higher costs for products, shipping containers and labor will ...
The Chapter 11 process is not going smoothly for First Brands. The supply chains of car part retailers and the availability of specific products could be negatively impacted. The bankruptcy filing by ...
(Reuters) -Genuine Parts Co on Tuesday cut its full-year profit forecast on higher restructuring costs and weak demand for auto parts. The company, which missed its third-quarter profit estimate, also ...
The Trump administration wants to bring more auto manufacturing back to the United States with stiff tariffs. That could mean untangling supply chains that crisscross the border repeatedly, leaving ...
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 ...
While some companies in the auto industry are struggling to handle the cost burdens of tariffs enacted by President Donald Trump, others might want to see the tariffs expanded to protect their market ...
President Donald Trump’s auto tariffs could send the cost of a new car soaring. Fixing the car you already have will likely get more costly, too. Trump said Wednesday he is imposing 25% tariffs on car ...
March 11 (Reuters) - Advance Auto Parts (AAP.N), opens new tab is appointing three new board members after hedge funds Third Point LLC and Saddle Point Management took positions in the automotive ...
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