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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 ...
A key supplier to Nissan and Jeep owner Stellantis filed for bankruptcy protection, marking one of the first big companies to collapse under the weight of the Trump administration’s tariffs.
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, 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 ...
TOKYO, June 30 (Reuters) - Nissan Motor (7201.T) has asked some suppliers to allow it to delay payments to free up short-term funds, according to several emails and a company document reviewed by ...
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.
A new report reveals Nissan is asking suppliers to delay payments to boost cash flow. Learn why the automaker is taking drastic measures to ease spending amidst significant financial challenges ...
Nissan Motor has asked some suppliers to allow it to delay payments to free up short-term funds, according to several emails and a company document reviewed by Reuters, as the troubled Japanese ...
Delaying supplier payments until July - the start of Nissan's second quarter - was an option to help achieve the "purchasing task" of 150 million euros, the director wrote in another email.