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Old 06-11-2026, 01:00 PM
unruhjonny's Avatar
unruhjonny unruhjonny is offline
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Join Date: May 2004
Location: Calgary, AB, Canada
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Default re: First Brands bankruptcy

I looked, and THIS is the closest thread I could find about this subject;
That discussion was from last October (when I believe they filed for chapter 11).

I was wondering if anyone had any thoughts on the following video;
I know that this YT personality isn't everyone's cup-o-tea, but I'm wondering if he doesn't make a really good point in the following video:

LINK

Readers digest of video:
Quote:
bankruptcy filing of First Brands has shifted from chapter 11 (which permits restructuring ect) to chapter 7 (which is liquidation of assets).

This YT'er suggest that this is going to dramatically affect competition, which has in and of itself helped to keep consumer prices down.
Some really big names are going to(?) disappear.
I think that it's probably a fair assessment that we all hoard up spare parts to a point, but I am wondering if this is going to create a seismic shift in the cost of this hobby.
I am also wondering if I should start ordering parts for my car(s) that I won't need for some time, and order service parts for years down the road.

Thoughts?

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1970 Formula 400
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A no-engine, no-transmission, no-wheel option car.
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1991 Grand Am: 14.4 @ 93.7mph (DA corrected) (retired DD, stock appearing)
2009 Cobalt SS: 13.9 @ 103mph (current DD; makes something north of 300hp & 350ft/lbs)
 


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