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Ford and General Motors in talks with First Brands over rescue financing

Big US carmakers negotiating terms to give the bankrupt car parts supplier much-needed cash

Ford and General Motors are negotiating a potential lifeline for First Brands Group as the bankrupt car-parts supplier races to raise additional money in order to buy time to sell itself.

The two are among a group of carmakers who have been in negotiations with the Ohio-based First Brands over the past several days to work out