On the Dash:
- Stellantis and Nissan are in talks to buy assets from bankrupt supplier Marelli, Bloomberg reports.
- Stellantis wants Marelli’s suspension business; Nissan eyes cockpit assets in Japan.
- Marelli filed for Chapter 11 in June 2025, hurt by tariffs and weak sales.
Stellantis and Nissan are in talks to buy certain assets of Marelli Holdings, the bankrupt auto parts supplier, according to a Bloomberg report, citing people familiar with the negotiations. The talks are part of a broader effort to save the company. However, the sources said there is no certainty that any deal will close.
Stellantis is pursuing Marelli’s suspension business in Italy, along with operations in Poland, Brazil, and Mexico. Nissan is looking at cockpit assets from Marelli’s operations in Japan.
Both automakers have close ties to the supplier. Court filings show they are also Marelli’s largest unsecured creditors. Marelli already builds parts at some Stellantis sites. Future order commitments from both companies will be important to Marelli’s Chapter 11 case, the people said.
Marelli supplies interiors, climate systems and automotive electronics. The company is based in Saitama, Japan. It runs more than 150 facilities and employs over 40,000 people. KKR created Marelli in 2019 by merging Magneti Marelli, which it bought from Fiat Chrysler for about 6.2 billion euros, with Japanese supplier Calsonic Kansei. Marelli named Frederick Henderson interim CEO in April.
The supplier filed for Chapter 11 bankruptcy in the United States in June 2025. In court papers, Marelli blamed falling client sales, tariffs and supply-chain problems that started during the pandemic. Cost-cutting at Stellantis under former CEO Carlos Tavares added to the pressure as production moved to lower-cost countries.
Marelli expects to leave bankruptcy this year under the ownership of its senior lenders. That group includes Strategic Value Partners, MBK Partners, Fortress and Polus Capital.
