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The Guardian - US
The Guardian - US
Business
Edward Helmore

First Brands: why a maker of spark plugs and wiper blades has Wall Street worried

a box of spark plugs
Autolite spark plugs at an auto parts store in Memphis. Photograph: Houston Cofield/Bloomberg/Getty Images

Financial problems at the maker of spark plugs, wiper blades, brake calipers, brake shoes, tow hitches and motor oil has caused intense anxiety on Wall Street in recent weeks.

Car parts are not usually something that causes finance chiefs to lose much sleep. But the potentially multibillion-dollar financial crisis surrounding First Brands has them rattled.

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