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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 ...
SAITAMA, Japan, Nov. 6, 2024 /PRNewswire/ -- Marelli is delighted to confirm that it has joined forces with Nissan Formula E Team as Technical Partner on an initial two-year agreement.
Marelli is a large automotive supplier for automakers such as Nissan and Stellantis. In filing on June 11 for bankruptcy, court documents revealed the company will owe Stellantis — the company ...
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 ...
The supplier, previously owned by Fiat Chrysler Automobiles, carried at least $9.5 billion in total debt as of September, sources told Bloomberg. Marelli is the world's 18th largest auto supplier.
Marelli was created by combining two major suppliers — one Italian and one Japanese. KKR had agreed to buy Japan's Calsonic Kansei from Nissan Motor Corp. in 2016.
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 ...
Marelli was created in 2019 with the combination of two auto suppliers with in-house plastics molding — Japan's Calsonic Kansei, a Nissan Motor Corp. supplier, and Italy's Magneti Marelli, part ...
Riccardo De Filippi, Head of Marelli Motorsport: "We're excited to expand our long-term technical partnership with Nissan Motor Company into its Formula E program, also proudly displaying the Marelli ...