Huge auto parts company files for Chapter 11 bankruptcy

The major automaker supplier files for Chapter 11 bankruptcy with billions of dollars of debt.

Jun 12, 2025 - 02:30
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Huge auto parts company files for Chapter 11 bankruptcy

Auto system aftermarket corporations possess confronted a bunch of commercial points that possess reduced their revenue over the final two years.

Rising inflation, increased curiosity charges, and customers who are cautious with discretionary spending possess affected their profits.

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