Ford and General Motors Negotiate Financing Deal With Bankrupt Supplier First Brands Group

Ford and General Motors are negotiating a financing package with First Brands Group. The bankrupt supplier disclosed liabilities of up to 50 billion dollars.

Insights:
Ford Motor Company and General Motors Company are currently engaged in negotiations with First Brands Group to establish a financing arrangement aimed at maintaining the supplier’s operations during its Chapter 11 bankruptcy proceedings. Multiple automakers in the United States USUShave joined discussions regarding the package, which would involve paying in advance for expected parts deliveries to ensure continued production. As of January 26, 2026, the negotiations were described as nearing the finish line, though officials cautioned that a deal could still fall apart before being finalized.
The blue Ford oval logo is displayed on the new Ford World Headquarters in Dearborn, Michigan, U.S., on November 16, 2025.     REUTERS/Rebecca Cook/File Photo
The blue Ford oval logo is displayed on the new Ford World Headquarters in Dearborn, Michigan, U.S., on November 16, 2025. REUTERS/Rebecca Cook/File Photo
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