Ford and GM are reportedly in talks for a cash-up deal to rescue bankrupt First Brands Group – Ford Motor (NYSE:F), General Motors (NYSE:GM)

Ford Motor Co. (NYSE:F) And General Motors Co. (NYSE:GM are reportedly in talks to provide a financial lifeline to save the bankrupt auto parts supplier First brand group. The potential deal involves the automakers making upfront payments for the products they will receive. This would provide First Brands with much-needed cash to continue operations. The […]