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TOKYO -- Japanese automotive supplier Marelli Holdings' skid into bankruptcy -- its second in three years -- shows the risks ...
Lighting and interiors maker Marelli, a major automotive supplier with North American headquarters in Southfield, blamed tariffs for accelerating its slide into bankruptcy.It was among the first ...
Bankruptcy professionals are keeping a close eye on tariffs, the trade war with China, unrest in the Middle East, and high ...
The Southfield-based aluminum wheel manufacturer will be acquired by an investor group led by Oaktree Capital Management in a ...
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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 ...
Struggling with $4.5 bn in losses, Nissan seeks to delay payments to EU and UK suppliers to free up cash. Cost cuts, plant closures, and layoffs underway.
Nissan asks some suppliers to delay payments in a bid to free up short-term funds, as the automaker works to improve its cash position. Nissan Motor has asked some suppliers to allow it to delay ...
Nissan says it’s closing its flagship factory in Oppama, Japan, to cut costs and moving all its production there to another plant in southwestern Japan ...
The facility's 2,400 workers will remain in their current roles until the plant closes in 2028, with the company vowing to maintain communication with employees in the months to come.