The collapse of First Brands Group has turned a once fast‑growing auto parts empire into the largest U.S. corporate failure since the financial crisis, with roughly $6 billion in debt now sitting in ...

As the Covid-19 pandemic began to settle down in 2020, both new and used car dealers had an increase in business from customers using their government stimulus checks as down payments on vehicles.

View post: 54-year-old furniture chain closing forever amid industry turmoil The automotive industry has suffered its share of bankruptcies this year with the most notable victim being electric ...

Automobile parts and service centers have faced many of the same challenges that other retail sectors have dealt with in the last year, including rising costs of labor and products driven by inflation ...