Monday, September 21, 2020

Woosh, the Money’s Gone: Garrett Files for Bankruptcy

U.S. auto-parts manufacturer Garrett Motion filed for Chapter 11 bankruptcy over the weekend. The announcement comes as ex-parent Honeywell International decided it could do without turbochargers and spun the company off in 2018. Garrett claims it lost a bunch of money during coronavirus lockdowns, like so many others, and was dumped by Honeywell only to […]

The post Woosh, the Money’s Gone: Garrett Files for Bankruptcy appeared first on The Truth About Cars.



from The Truth About Cars https://www.thetruthaboutcars.com/2020/09/woosh-the-moneys-gone-garrett-files-for-bankruptcy/

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