Lordstown Motors Files for Chapter 11 Bankruptcy
Lordstown has filed motions with the court seeking to sell its Endurance vehicle and related assets.
Factory Motor Parts Acquires Select Auto Plus Locations
The deal comes after Carl Icahn’s aftermarket auto parts chain won court approval to sell most locations to FMP.
Garrett Motion Successfully Completes Chapter 11 Restructuring
Company raises $1.3 billion of new equity from Centerbridge, Oaktree and existing stockholders.