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Grupo Antolin Files for Bankruptcy | Durham News
Auto parts giants are crumbling under pressure as Grupo Antolin, a major supplier to Ford and GM, files for U.S. Chapter 15 bankruptcy to validate its Spanish restructuring plan—aimed at saving jobs, preserving operations, and dodging massive debt due in 2027 and 2028. With $4 billion in revenue last year, this isn’t just a hiccup—it’s a sector-wide crisis fueled by pandemic disruptions, war-driven supply chain chaos, and soaring tariffs. And it’s not alone: First Brands Group, maker of Fram and Autolite, filed for Chapter 11 just last fall. Despite the filing, Grupo Antolin vows to keep…
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