Automotive

The auto parts supplier’s Chapter 11 case will convert to a Chapter 7 liquidation after a federal judge rejected its proposed creditor repayment plan, bringing First Brands’ nearly yearlong bankruptcy process toward a close.

The pending deal will add nearly 800 Pep Boys locations to Mavis Tire’s portfolio, creating an automotive service network of more than 4,400 locations amid wider consolidation across the automotive aftermarket.

Facilities Maintenance (MRO)

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Motion Sales Accelerate in 1Q as End Markets Improve

GPC’s industrial segment delivered strong 1Q growth — outpacing automotive — as the company advances plans to split its businesses into standalone public entities by early 2027.