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“Companies are struggling, but the tariffs did not put them into bankruptcy,” said Stephanie Roth, chief economist at Wolfe ...
Marelli’s quick decline shook the automobile sector. It is a glimpse of the depression of how feeble and lengthy car supply chains are nowadays. For years, automobile groups have employed large ...
Marelli, a Tier 1 automotive supplier with offices across the world, including several in metro Detroit, blamed tariffs and filed for Chapter 11 bankruptcy this week in U.S. Bankruptcy Court for ...
This September, Task Systems continues its celebration of thoughtful, design-led workplaces with a dedicated spotlight on ...
Marelli claims its system consumes about 5 kW to power all four corners, because energy input is recovered at a rate of 80 percent. Call it "regenerative cushioning." ...
Marelli said the lenders of the new $1.1 billion financing will take ownership of the business once it emerges from Chapter 11, subject to a 45-day so-called "overbid process" in which other ...
Marelli is making these changes as the industry braces for rocky economic conditions in 2023. "The first half of the year is going to be hard," Slump said. "China is going to be volatile in reopening.
Auto parts maker Marelli has paused the process of closing its Crevalcore plant in Italy, saying on Tuesday it had mandated an adviser to seek potential buyers for the site, which employs around ...
KKR’s Marelli blames tariffs and lingering supply-chain issues stemming from the Covid-19 pandemic for its descent into chapter 11.
Saddled with debts to the tune of 1 trillion yen ($8.69 billion), leading auto parts manufacturer Marelli Holdings Co. has turned to major banks and other companies for funds to help turn its ...
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