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 ...

Marelli delayed seeking approval of some aspects of the financing package in order to resolve concerns from the U.S. Trustee, which oversees bankruptcy cases on behalf of the Justice Department.

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 ...

Marelli Holdings Co. Ltd. ("Marelli" or the "Company"), a global technology partner to the automotive industry, today announced that it has received approvals from the U.S. Bankruptcy Court for ...

Marelli Holdings Co., the long-struggling auto parts supplier for Nissan Motor Co., Stellantis NV and other carmakers, filed bankruptcy in the U.S., saying its latest debt-cutting effort was ...

Marelli, a Tier 1 automotive supplier with offices across the world, including several in metro Detroit, blamed tariffs and filed for Chapter 11 bankruptcy this week in U.S. Bankruptcy Court for ...

Marelli ranks No. 23 on the Automotive News list of the world’s largest suppliers, with sales to automakers of $13.3 billion in 2023.

Marelli is making these changes as the industry braces for rocky economic conditions in 2023. "The first half of the year is going to be hard," Slump said. "China is going to be volatile in reopening.

Marelli says that the wBMS will be available for OEMs from this quarter (Q2 2022), "to support customer launches in 2024". In other words, it might take two more years until we will see a wBMS in ...

This September, Task Systems continues its celebration of thoughtful, design-led workplaces with a dedicated spotlight on Marelli’s latest collection. As part of the Shoreditch Design Triangle during ...

In this video, I restore a broken 1920's Marelli Table fan by fully stripping, repairing, repainting, and reassembling it.

TOKYO (Reuters) -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 ...