Reports Fiat Chrysler Automobiles (FCA) was about to sell its parts making subsidiary Magneti Marelli to Samsung of Korea for $3 billion were welcomed by analysts, but FCA’s huge problems won’t get ...
Magneti Marelli makes everything from headlights and instrument clusters to exhausts, suspensions, and powertrains. FCA sold the company to Calsonic Kansei, a Japanese manufacturer specializing in ...
Fiat-Chrysler Automobiles officially has a buyer for its Magneti Marelli supplier division in Japan's Calsonic Kansei, itself owned by U.S.-based private equity firm KKR. FCA will unload the parts ...
Fiat Chrysler Automobiles N.V. ("FCA") (NYSE: FCAU/MTA: FCA) announces that it has entered into a definitive agreement (the "Transaction") to sell its automotive components business Magneti Marelli ...
Not that long ago, hearsay popped up according to which Fiat Chrysler wants to sell Magneti Marelli. Now, however, FCA chief executive officer Sergio Marchionne made it loud and clear that the ...
Fiat Chrysler Automobiles announced Tuesday that it has found a buyer for its subsidiary and supplier, Magneti Marelli, which manufactures lights, electronics, shock absorbers, and other components ...
Marelli Holdings Co., a prominent supplier of automotive parts, has filed for bankruptcy under Chapter 11 in the U.S. The company attributes its financial distress to the tariffs imposed during the ...
Consulting group AlixPartners is out with a new survey that says the auto industry is the most vulnerable economic sector because of financial distress, supply chain instability, trade tensions and ...
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 the ...
TOKYO (Reuters) -Nissan supplier Marelli Corp filed for Chapter 11 bankruptcy protection in the United States on Wednesday, the Japanese auto parts company said in a statement, after months of ...
MILAN (Reuters) - Fiat Chrysler (FCA) has kicked off its planned spin-off of parts maker Magneti Marelli which will be registered in the Netherlands and listed on the Milan stock exchange, a document ...