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 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 claims its system consumes about 5 kW to power all four corners, because energy input is recovered at a rate of 80 percent. Call it "regenerative cushioning." ...

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, 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 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 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.

Auto parts maker Marelli has paused the process of closing its Crevalcore plant in Italy, saying on Tuesday it had mandated an adviser to seek potential buyers for the site, which employs around ...

KKR’s Marelli blames tariffs and lingering supply-chain issues stemming from the Covid-19 pandemic for its descent into chapter 11.

NEWMARKET — Marelli's Market in Hampton was once one of five family-owned stores in the Seacoast, but the recent closing of its sister location in Newmarket has made the 103-year-old shop the ...