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TOKYO -- Japanese automotive supplier Marelli Holdings' skid into bankruptcy -- its second in three years -- shows the risks ...
The Southfield-based aluminum wheel manufacturer will be acquired by an investor group led by Oaktree Capital Management in a ...
Bankruptcy professionals are keeping a close eye on tariffs, the trade war with China, unrest in the Middle East, and high ...
New Apple CarPlay Ultra iPhone Integration Proving Controversial With Automakers Leery of handing over their cars' dashboards entirely to Apple, some automakers are walking away from Ultra.
Marelli has had problems managing its debt and declining revenue, but it cited tariffs as the blow that sent it to the courts for restructuring.
Marelli has had problems managing its debt and declining revenue, but it cited tariffs as the blow that sent it to the courts for restructuring.
Yet, that is the future. On the tax receipt side, the Debt Clock displays $5.1 trillion in revenue, relatively small compared to the $36.9 trillion national debt.
US government debt is soaring and foreign investors are getting nervous. We don’t really know where the tipping point is.
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 ...
A car parts supplier pointed its finger at the Trump administration's tariffs while filing for bankruptcy. Marelli, a Japanese-based car parts manufacturer, filed for Chapter 11 bankruptcy protection ...
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