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Several parts makers face idle capacity and are under pressure from carmakers to lower prices.

The development could increase pressure on First Brands, which has been considering whether to file for bankruptcy to raise a rescue loan after halting a $6 billion refinancing in August.

First Brands Group is preparing to file for bankruptcy as soon as next week and is looking to secure a loan of at least $1 billion to keep the business running, according to sources.

Auto parts maker First Brands Group is discussing options with its creditors for restructuring its $6 billion debt load that include a possible Chapter 11 bankruptcy filing.

A bill aimed at mitigating thefts of automotive catalytic converters by making the components more traceable was recently introduced in the House of Representatives.

DTNA — parent company of Freightliner, Western Star and Thomas Built Buses — will shut its Phoenix and Reno, Nev., parts distribution centers in 2026 and 2027, respectively.

Auto parts maker Continental Automotive is considering a $45 million expansion of its New Braunfels, Texas, manufacturing facility.

President Donald Trump’s shifting stances on trade and tariffs have upended the planning of many companies that provide parts and equipment to big automakers.

Truck parts distributor Transaxle with facilities in 11 states is closing after an unsuccessful attempt to sell the company.

Marelli Holdings filed bankruptcy in the U.S., saying its latest debt-cutting effort was prompted by tariffs.