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The brand cited tariffs as the cause of its bankruptcy, making it the first large brand to go bust under the escalating trade ...
Marelli was formed in 2019 when Calsonic Kansei -- a Japanese auto parts manufacturer owned by U.S. investment firm KKR -- ...
Known for its electronics, power train and lighting related products for the automotive industry, Marelli had reportedly been ...
Using court-approved financing, the brand plans to continue business as usual while restructuring. Stellantis, which is Marelli's largest creditor, declined to comment. A spokesperson with Nissan ...
Marelli, which supplies components to Nissan and Stellantis, has struggled financially with the shift toward electrification ...
Marelli, which supplies parts to Nissan and Stellantis, will restructure some $4.9 bln of debt under US Chapter 11. India’s ...
TOKYO -- Cutbacks at car manufacturer Nissan Motor and the bankruptcy of a key supplier could help trigger a wave of consolidations across Japan's auto parts industry, according to a credit rating ...
Marelli files for U.S. bankruptcy, citing Trump-era tariffs and supply chain strain impacting clients like Nissan and ...
The company's situation has been closely watched given that it is a major supplier to Nissan, which is struggling to turn itself around.
A key Nissan supplier has filed for Chapter 11 bankruptcy, raising concerns about potential impacts on Nissan's production ...