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Marelli Holdings Co., a prominent auto parts supplier for giants like Stellantis NV and Nissan Motor Co., has filed for ...
The company filed bankruptcy June ... designed to shed debt, Marelli said in a statement. The loan approved June 11 will help the company continue operating normally during the insolvency case.
The last thing that Stellantis and Nissan need is more financial trouble. However, they both rely on a supplier known as ...
The brand cited tariffs as the cause of its bankruptcy, making it the first large brand to go bust under the escalating trade ...
Marelli Holdings Co., a major supplier to Stellantis and Nissan Motor Co., owes the two customers a combined $767 million in ...
Nissan supplier Marelli files for Chapter 11 bankruptcy, secures $1.1 billion from lenders to stabilize operations and ...
Bankrupt auto-parts supplier Marelli Holdings Co. won court approval to borrow $518.9 million to help fund its reorganization after delaying a request for some parts of a financing package questioned ...
Marelli president and CEO David Slump said: "At Marelli, we have been proactive in making necessary adjustments to stabilize ...
The court granted interim approval to immediately access up to $519 million of $1.1 billion in debtor-in-possession financing ...
Marelli Holdings Co., the struggling auto parts supplier for Stellantis NV, Nissan Motor Co. and other carmakers, has filed ...
Marelli, which supplies components to Nissan and Stellantis, has struggled financially with the shift toward electrification ...
Nissan supplier Marelli Corp filed for Chapter 11 bankruptcy protection in the United States on Wednesday, the Japanese auto ...