Billions of Dollars ‘Vanished’: Low-Profile Bankruptcy Rings Alarms on Wall Street
The unraveling of First Brands, a midsize auto-parts maker, is exposing hidden losses at international banks and “private ...
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Why Shares in Advance Auto Parts Crashed This Week
The bankruptcy filing by an auto parts supplier has hit sentiment toward Advance Auto, O'Reilly Auto Parts, and AutoZone.
Analysis-US auto bankruptcies show rising credit pain in low-income households
NEW YORK (Reuters) -Two auto sector bankruptcies have rattled parts of the U.S. credit market, raising concerns about a ...
Love affair with motor vehicles in pre liberalisation India
For millennials, Gen Z and Gen Alpha, India of the very recent past may as well have been the proverbial land of snake charmers. With so…
How Much Stress Is the Subprime Auto Market Facing?
That is how many vehicles were repossessed last year—the biggest tally since 2009. + Meanwhile, the share of subprime auto loans that are 60 or more days overdue has risen to record highs this year, ...
Americans Are Falling Behind on Their Car Payments
At the top of the list of the most hated foods is liver, which received the harshest reception nationwide. Forty percent of respondents said they hated it outright, with another 15 percent saying they ...
Americans struggle to pay car loans
(CNN)– One aspect of the U.S. economic engine could use a jump-start. More Americans are having trouble making their car payments. A recent report from JD Power finds the percentage of new car buyers ...
Omega Auto Care extended car warranty review 2025
Omega Auto Care is one of the only extended warranty companies with service contracts that includes routine maintenance.
First Brands' creditor says $2.3 billion 'simply vanished', seeks probe
Trade finance company Raistone, a creditor of First Brands, asked a court on Wednesday to appoint an independent examiner, claiming that as much as $2.3 billion "simply vanished" from the bankrupt U.S ...
Jefferies fund holds $715 million in First Brands’ trade debt: Report
An asset manager controlled by a unit of Jefferies Financial Group Inc. sank nearly a quarter of its $3 billion trade finance ...
Jefferies tallies $161M of exposure to bankrupt auto-parts maker First Brands (updated)
Jefferies Financial Group (NYSE:JEF) stock slid 3.7% in Wednesday premarket trading after the firm disclosed details of its ...
Jefferies discloses fund exposure to bankrupt First Brands, shares fall
Investment bank Jefferies disclosed on Wednesday that its Leucadia Asset Management fund holds about $715 million in ...
NHTSA Standardizes Automatic Emergency Braking on All U.S. Light Vehicles By 2029
Automatic Emergency Braking Required On All Cars By 2029
2025 Genesis GV90 Review: The New Luxury Electric SUV Entrant
The automotive landscape is evolving rapidly, with electric vehicles (EVs) taking center stage. The 2025 Genesis GV90 emerges as a…
Your Car’s Hidden Cost: How It Could Be Draining Tens of Thousands From Your Wealth
I’ll confess, I’m a car enthusiast. There are plenty of cars I’d love to own. However, my appreciation for cars comes with a crucial…
Payouts of £700 per claim after car finance scandal
The regulator previously suggested motorists could receive less than £950 per deal, but it now says the average will be about ...
Golden Week in the Car Market | Local Auto Shows Attract Customers, Car Companies Offer 'One Price' to Boost Sales
Reporters from the Beijing News Shell Finance noticed that in addition to subsidies, car companies at the auto shows also offered promotions such as 'one price,' 'package price with low down payment,' ...
Second-Round Macy’s Settlement Payments Are Hitting Accounts — Why You May See $2.50 — FAQ
When are Macy’s CVC sheets settlement payments going out The first round of payments began in late 2024, and second-round payments…
Modern Techno-Industrial (MTI) Society, Now Global, Is a Car Culture
The Golden age of bicycles, 1880–1915, passed as cars came to dominate wheeled transportation. The Golden age of cars too shall pass away…
Student Loans: The Debt That’s Supposed to Pay Off (Eventually)
Let’s be real, student loans are like that “one day it’ll all be worth it” promise that adulthood sold us. You’re told education is an…