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Marelli's bankruptcy serves as a stark reminder of the broader impact of trade policies on the automotive industry, prompting manufacturers to adapt and innovate in response to these challenges.
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 uncertainty about its ...
Bankruptcy professionals are keeping a close eye on tariffs, the trade war with China, unrest in the Middle East, and high ...
Lighting and interiors maker Marelli, a major automotive supplier with North American headquarters in Southfield, blamed tariffs for accelerating its slide into bankruptcy.It was among the first ...
A key Nissan supplier has filed for Chapter 11 bankruptcy, ... Slump says that the final nail in Marelli’s coffin was the impact of wide ... and heavily reliant on international trade—the ...
Marelli was among the first major companies in any industry to pin a bankruptcy filing in part on tariffs. Other auto suppliers will likely follow, industry analysts said.
The brand cited tariffs as the cause of its bankruptcy, making it the first large brand to go bust under the escalating trade war.
KKR’s Marelli blames tariffs and lingering supply-chain issues stemming from the Covid-19 pandemic for its descent into chapter 11.
Marelli Holdings Co., the long-struggling auto parts supplier for Nissan Motor Co., Stellantis NV and other carmakers, filed bankruptcy in the U.S., saying its latest debt-cutting effort was ...
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 ...