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Fleet customers are putting orders on hold or canceling orders, wary of future cost spikes, Mathew said. Dealers, in turn, ...
The automotive world is reeling from the recent Chapter 11 bankruptcy filing of Marelli, a leading global auto parts supplier ...
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 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.
That’s the takeaway from Paul Thomas, president of Bosch North America, who said Monday that the company isn’t panicking over ...
Lately, all the talk of CEO departures has been preceded by phrases like “fired out of a cannon” and “catapulted into outer ...
The last thing that Stellantis and Nissan need is more financial trouble. However, they both rely on a supplier known as ...