First Brands applies for Chapter 11 bankrupcy protection

[JPSmit]

This can't be good

Parts Supplier First Brands Preps for Bankruptcy With No Plan - TT

Auto part supplier First Brands Group is preparing to enter bankruptcy with no restructuring plan in place, a sign of how quickly the company’s fortunes are unraveling, sources said.

www.ttnews.com

TRICO wipers, Carter fuel pumps, ANCO wipers, Airtex fuel pumps, StrongArm lift supports, Autolite spark plugs and FRAM filters.

 

[NutmegCT]

I'm sure that the new tariffs will be really helpful to struggling USA companies who have to import almost everything.

 

[mikephillips]

Doubt it'll make a difference, I suspect it'll come down to how much money they have and can gather as opposed to debts, and what their future is expected to be in terms of sales and costs. If incoming cash is shrinking and there's no viable plan to increase that income and reduce costs then any rescue I think would be unlikely.

 

[maynard]

I'm sure that the new tariffs will be really helpful to struggling USA companies who have to import almost everything.

Or they can make the parts in the USA.

 

[AngliaGT]

....and with better quality.

 

[NutmegCT]

Something many of us have been pushing for decades. If "low price" is the deciding factor, retailers will always go for the cheapest wholesale goods, regardless of where they're manufactured.

Let's see ... do we really have to choose that foreign made spark plug that's a dollar cheaper than the American made spark plug?

yeesh