The original $250 million bankruptcy financing package the supplier proposed was attacked by shareholders and former parent Honeywell, in part because it contained deadlines that could rush a potential $2.1 billion sale to KPS Capital Partners, Bloomberg reported.

Employees escaped the blaze unharmed, but it remains unclear how much damage could be done to the company's business with customers such as General Motors.

The regulator is proposing to recommend that all children 26.5 pounds or less are transported in rear-facing car seats rather than the existing recommendation for children 20 pounds or less.

Plants in Berlin and Stuttgart’s Untertuerkheim district are the focus of the Mercedes-Benz maker’s plans to revamp operations in anticipation of increasing production of EVs.