Classic auto parts company files for Chapter 11 bankruptcy

As the Covid-19 pandemic began to quiet down in 2020, each new and inclined automobile sellers had an smash higher in commerce from customers using their government stimulus checks as down funds on automobiles.

With extra folk in quest of to aquire automobiles, new automobile heaps began to web shortages of automobiles as automotive producers faced diminutive production from provide chain challenges and momentary shortages of vehicle parts. Those challenges reduced each inventory and sales via 2021.