Stellantis and Nissan Mulling Marelli Asset Deals: Report

Automakers Stellantis and Nissan Motor are in discussions to acquire selected assets from Japanese automotive supplier Marelli Holdings as part of wider efforts to support the company's restructuring, according to a Bloomberg News report, citing people familiar with the matter. The report noted that Stellantis is considering the acquisition of Marelli's suspension business in Italy and certain other markets, while Nissan is evaluating the supplier's cockpit business in Japan.

The proposed transactions are understood to form part of broader negotiations aimed at stabilising troubled Marelli's operations.

Formed in 2019, Marelli has remained under close industry scrutiny because of its role as a key supplier to Nissan, which is continuing its turnaround efforts. The supplier filed for Chapter 11 bankruptcy protection in the United States in June after months of negotiations with creditors.

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In its bankruptcy filing, Marelli, which is owned by private equity firm KKR, said its liquidity had been affected by the global trade war. The company cited the impact of tariffs on the automotive industry, noting that its import- and export-oriented business had come under pressure.