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Because of Marelli’s financial profile and the “severe distress” affecting the auto industry in general, Marelli began contingency planning for bankruptcy, which it viewed as the most effective way to ...
Marelli Holdings Co., a prominent auto parts supplier for giants like Stellantis NV and Nissan Motor Co., has filed for ...
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 Holdings Co., a major supplier to Stellantis and Nissan Motor Co., owes the two customers a combined $767 million in ...
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.
Marelli Holdings has said it has secured court approval – as part of its US Chapter 11 bankruptcy proceedings – for a measure ...
Marelli president and CEO David Slump said: "At Marelli, we have been proactive in making necessary adjustments to stabilize ...
Nissan supplier Marelli files for Chapter 11 bankruptcy, secures $1.1 billion from lenders to stabilize operations and ...
Marelli Holdings, grappling with $4.4-4.5 billion in debt, has filed for Chapter 11 bankruptcy in the US, offering a respite ...
Marelli Holdings Co., the struggling auto parts supplier for Stellantis NV, Nissan Motor Co. and other carmakers, has filed ...
A key Nissan supplier has filed for Chapter 11 bankruptcy, raising concerns about potential impacts on Nissan's production ...