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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 ...
“Companies are struggling, but the tariffs did not put them into bankruptcy,” said Stephanie Roth, chief economist at Wolfe ...
S&P Global Market Intelligence recorded 63 new bankruptcy filings from certain public and private companies in June, down from a revised count of 64 in May.
KKR’s Marelli blames tariffs and lingering supply-chain issues stemming from the Covid-19 pandemic for its descent into chapter 11.
Finally, global auto parts supplier Marelli Holdings, which is owned by KKR, is contemplating filing for Chapter 11 bankruptcy in the U.S., unnamed sources told Kyodo news agency, according to ...
The bankruptcy filing of the automotive supplier Marelli is just the latest in a downward trend. For the past few years, there have been articles, reports, and studies on the electric vehicle industry ...
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 Holdings Co., the struggling auto parts supplier for Stellantis NV, Nissan Motor Co. and other carmakers, plans to seek Chapter 11 bankruptcy protection in the U.S. to slash its debt ...