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Marelli, known for its expertise in vehicle lighting and electronic components, had been grappling with financial difficulties for years. However, the situation worsened significantly in March ...
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Stellantis bankrupt, Trump tariff war fueled its fall - MSNThe recent bankruptcy of Marelli, a major supplier to Stellantis, has sent shockwaves through the global automotive industry. Known for its brands like Jeep, Chrysler, and Dodge, Stellantis is now ...
Marelli Holdings, a technology partner in the automotive industry, has filed for voluntary Chapter 11 proceedings in the US Bankruptcy Court for the District of Delaware.
Marelli was among the first major companies in any industry to pin a bankruptcy filing in part on tariffs. Other auto suppliers will likely follow, industry analysts said.
In its June 11 filing, the Nissan supplier directly attributed part of its decline to a shift in attitudes about the EV industry. Initially, Marelli landed multiple contracts to aid car companies in ...
Marelli Holdings Co., the struggling auto parts supplier for Nissan Motor Co., Stellantis NV and other carmakers, plans to seek Chapter 11 bankruptcy protection.
KKR’s Marelli blames tariffs and lingering supply-chain issues stemming from the Covid-19 pandemic for its descent into chapter 11.
Marelli said the lenders of the new $1.1 billion financing will take ownership of the business once it emerges from Chapter 11, subject to a 45-day so-called "overbid process" in which other ...
This is a summary of a request from Marelli to hire Kirkland & Ellis as attorneys, filed July 10 with the U.S. Bankruptcy Court in Wilmington, Del.
Nissan supplier Marelli Corp filed for Chapter 11 bankruptcy protection in the United States on Wednesday, the Japanese auto parts company said in a statement, after months of uncertainty about ...
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