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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 ...
Marelli Holdings Co., a major supplier to Stellantis and Nissan Motor Co., owes the two customers a combined $767 million in unsecured debts, according to the company's Chapter 11 bankruptcy petition.
Marelli is a large automotive supplier for automakers such as Nissan and Stellantis. In filing on June 11 for bankruptcy, court documents revealed the company will owe Stellantis — the company ...
Marelli, the Japan-based automotive supplier owned by private-equity firm KKR, filed for bankruptcy in the U.S. on Wednesday with a plan to hand control to its lenders. Marelli supplies major ...
Insiders claim Nissan may be only a year away from collapse if something big doesn't change. Here's what we know about the automaker's ongoing struggle.
TOKYO, June 30 (Reuters) - Nissan Motor (7201.T) has asked some suppliers to allow it to delay payments to free up short-term funds, according to several emails and a company document reviewed by ...
Delaying supplier payments until July - the start of Nissan's second quarter - was an option to help achieve the "purchasing task" of 150 million euros, the director wrote in another email.