First Brands Group, an auto-parts manufacturer with deep ties to major carmakers, has warned of layoffs at two Texas facilities—as federal prosecutors allege the company's founder helped orchestrate a ...

A WARN letter filed with the state on Jan. 26 detailed the permanent closure of the Cardone distribution facility at 3000 ...

GUANGZHOU, GUANGDONG, CHINA, January 16, 2026 /EINPresswire.com/ -- The global automotive components industry is ...

They face nine federal charges, including wire fraud and money laundering, for allegedly operating the auto parts supplier as ...

Prosecutors say First Brand founder Patrick James and his brother Edward James, a high-level executive, James used fake invoices and inflated assets to fleece lenders out of billions before 2025 ...

Although they may be known for automobiles, these companies could still be profitable even if they didn't sell a single car.

So many people are skeptical about buying an electric vehicle (EV), including Florida mechanic Alan Gelfand, who has told ...

Electric vehicles are a fast-growing share of auto sales in many countries, and Chinese automakers are benefiting as the US ...

Tariffs have protected some companies, but more often they’ve hit the parts and materials many factories need to make ...

TIANQIAO DISTRICT, JINAN, SHANDONG, CHINA, January 20, 2026 /EINPresswire.com/ -- In recent years, the commercial ...

Jobs at a U.S.-owned maquiladora automobile parts maker in the Mexican border town of Matamoros are being cut back after the ...