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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 ...
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 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, 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 ...
KKR’s Marelli blames tariffs and lingering supply-chain issues stemming from the Covid-19 pandemic for its descent into chapter 11.
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 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 ...
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 ...
Marelli and OLEDWorks have received the 2025 "Collaborative partnership of the year" recognition at the AutoTech Awards 2025, for the collaboration on the Audi Q6 e-tron rear light project using ...
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 ...
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