The founder of First Brands ​has been indicted by federal prosecutors for allegedly defrauding lenders out of billions of dollars before the auto parts supplier collapsed into bankruptcy.
GM and Ford are negotiating a prepayment deal to rescue bankrupt supplier First Brands Group, aiming to prevent disruption to a fragile supply chain.
Ford and General Motors are in negotiations with bankrupt car parts supplier First Brands Group ​over a potential financing ...
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