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GlobalData on MSNMarelli initiates Chapter 11 bankruptcy to restructure debtMarelli Holdings, a technology partner in the automotive industry, has filed for voluntary Chapter 11 proceedings in the US ...
The brand cited tariffs as the cause of its bankruptcy, making it the first large brand to go bust under the escalating trade ...
Nissan supplier Marelli Corp filed for Chapter 11 bankruptcy protection in the United States on Wednesday, the Japanese auto ...
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 Holdings, grappling with $4.4-4.5 billion in debt, has filed for Chapter 11 bankruptcy in the US, offering a respite ...
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 ...
KKR’s Marelli blames tariffs and lingering supply-chain issues stemming from the Covid-19 pandemic for its descent into chapter 11.
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