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Auto-Parts Supplier Marelli Files Bankruptcy, Blames Tariffs
The Marelli Corp. headquarters in Saitama, Japan.
Photographer: Kiyoshi Ota/BloombergMarelli Holdings Co., the long struggling auto-parts supplier for Nissan Motor Co., Stellantis NV and other carmakers, filed bankruptcy in the US, saying its latest debt-cutting effort was prompted by tariffs.
The insolvency case is backed by senior lenders, who have signed a deal designed to slash Marelli’s debt burden and restructure under new ownership.