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In Marelli's case, KKR brought together Japanese and Italian suppliers from automakers looking to offload. Calsonic Kansei, under KKR, bought Magneti Marelli from FCA in a debt-backed deal valued ...
The brand cited tariffs as the cause of its bankruptcy, making it the first large brand to go bust under the escalating trade war.
As part of the turnaround plan, Marelli is seeking the cancellation of about 450 billion yen ($3.5 billion) in debt, out of obligations of about 1.13 trillion yen, Bloomberg reported.
Marelli ranks No. 20 on the Automotive News list of the world's largest suppliers, with worldwide parts sales to automakers of $12.04 billion in 2021. By John Irwin , Automotive News ...
Marelli, a key supplier for automakers like Nissan and Stellantis, filed for Chapter 11 bankruptcy on June 11. Marelli manufactures an array of products for automakers, including lighting systems ...
Marelli, a key supplier for automakers like Nissan and Stellantis, filed for Chapter 11 bankruptcy on June 11. Marelli manufactures an array of products for automakers, including lighting systems ...
Marelli, a key supplier for automakers like Nissan and Stellantis, filed for Chapter 11 bankruptcy on June 11. Marelli manufactures an array of products for automakers, including lighting systems ...
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