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President Donald Trump's use of tariffs as a cornerstone of his trade agenda has added to existing market uncertainties that make investing in equipment more difficult.

Sen. Rand Paul says constituents tell him "tariffs are killing the bourbon industry" and "the cargo transport industry."

The work of untangling the company’s finances is left to Charles Moore, a restructuring expert hired last month during rushed negotiations between the company and its top creditors.

Raistone has demanded a court-appointed examiner investigate First Brands, claiming in court papers that as much as $2.3 billion “simply vanished” from the company.

A joint venture between Norinchukin Bank and Japanese trading house Mitsui & Co. faces $1.75 billion of exposure to bankrupt auto parts supplier First Brands Group, court documents show.

ACT Research preliminary data showed orders decreased 44% year over year to 20,800 units. But they increased 57.6% from the 13,200 units reported in August.

Trump’s tariffs have cast a chill over the Canadian automotive sector, but have also affected U.S.-based companies.

First Brands' bankruptcy filing set off a round of damage limitation by Wall Street firms now attempting to size up their exposure to the company.

GM will give about $6,000 of its own cash for lease support and to keep EV sales going.

A fund controlled by a unit of Jefferies Financial Group sunk nearly a quarter of its $3 billion trade finance portfolio into receivables tied to auto parts supplier First Brands Group.