CLEVELAND, Ohio — The meteoric rise of Cleveland-based First Brands to one of the largest replacement auto parts sellers in the world was based on fraud, federal prosecutors said on Thursday. First ...
Federal prosecutors allege the founders of auto parts giant First Brands Group ran a Ponzi-like scheme, defrauding lenders of ...
The implosion of a giant car-parts supplier has turned a dry accounting concept into a visceral shock for drivers, lenders, and regulators. First Brands Group did not just run out of money, it ran out ...
You might be a keen home mechanic, but even some professional technicians don't know what some of these car parts are or ...
LKQ supplies automotive replacement parts to repair shops, dealerships, and retail customers across North America and Europe.
Regular car maintenance is necessary to ensure your vehicle stays running smoothly and problem-free for as long as possible. Some maintenance requires the trained eye of a qualified mechanic, but many ...
Car parts are expensive, but if you keep your vehicle long enough and adhere to a regular maintenance schedule, at some point, you'll have to replace certain components. Many car owners consider ...
At a certain level of automotive manufacturing, things take a very sharp turn towards unbelievably custom parts building. What this means is that the more expensive and sought-after hypercar models ...
If you are like us you often find yourself in the midst of a good old-fashioned bench racing session about your favorite muscle car or vintage hot rod and talk will often turn to reproduction steel ...
Stellantis, the automaker conglomerate formerly known as Fiat Chrysler, is introducing a factory-endorsed aftermarket parts brand to North America. In a sense, it’s undercutting its own OEM parts ...
We never know precisely when it will happen, but eventually, every vehicle will come to the end of the road. And when that happens, you need to decide if you're going to sell your car for parts, ...
When Robert Torres of La Habra, California, bought a used Mustang from a car dealer in 2014, he didn’t expect it to come with a potentially deadly defect. In May 2016, Ford issued a safety recall for ...