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Marelli was among the first major companies in any industry to pin a bankruptcy filing in part on tariffs. Other auto ...
Because of Marelli’s financial profile and the “severe distress” affecting the auto industry in general, Marelli began contingency planning for bankruptcy, which it viewed as the most effective way to ...
The automotive world is reeling from the recent Chapter 11 bankruptcy filing of Marelli, a leading global auto parts supplier ...
Marelli has committed to three specific targets validated by the SBTi. Near-Term target: reduce greenhouse gas (GHG) emissions 42% by 2030 across scope 1, 2 and 3, from a 2022 base year.
Big-box retailer has struck a deal with lenders to eliminate almost all of its nearly $2 billion in funded debt and has ...
As American-made vehicles may stand to benefit from looming tariffs, Ford is calling out its competitors for making fewer ...
Indian auto component and vehicle manufacturers are facing significant hurdles in procuring rare earth magnets from China, as no approvals have been granted by the Chinese government so far. This ...
The décor chain At Home filed for Chapter 11 Monday, but that won’t help with higher costs on imported goods, which contributed to its financial decline.