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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, 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, 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 ...