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First Brands Group Bankruptcy Signals OE Market Crisis

10/2/2025

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Summary

Story summary

First Brands Group filed Chapter 11 bankruptcy, signaling distress in the Original Equipment (OE) aftermarket.
Rising expenses and tariffs confuse Chinese parts, straining suppliers.
USMCA protects Canada and Mexico parts, but protections may be unstable.
Experts predict more OE bankruptcies if conditions don’t improve.
Bankruptcy included delays; Days Beyond Terms reached 55 days; 57% of bills overdue by early 2025.

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Story summary

First Brands Group filed Chapter 11 bankruptcy, signaling distress in the Original Equipment (OE) aftermarket.
Rising expenses and tariffs confuse Chinese parts, straining suppliers.
USMCA protects Canada and Mexico parts, but protections may be unstable.
Experts predict more OE bankruptcies if conditions don’t improve.
Bankruptcy included delays; Days Beyond Terms reached 55 days; 57% of bills overdue by early 2025.