Marelli plant closure forewarns painful electric vehicle transition

[ad_1] CREVALCORE, Italy, Oct 30 (Reuters) – Around 230 workers in Italy’s “Motor Valley” have begun striking over the planned closure of their auto parts factory, an early casualty of…

Auto parts maker Marelli suspends Italian plant closure, to seek potential buyers

[ad_1] The company logo of Marelli is displayed at the factory in Ora Town, Gunma Prefecture, Japan July 30, 2020. Picture taken July 30, 2020. REUTERS/Naomi Tajitsu/File Photo Acquire Licensing…

Marelli to shut Italy plant over falling gasoline engine business

[ad_1] MILAN — Marelli will shut one of its Italian plants producing components for internal combustion engines, as the business had become “unsustainable” due to the transition to electric mobility.…

Auto part maker Marelli to shut Italy plant over waning petrol engine business

[ad_1] MILAN (Reuters) – Auto parts maker Marelli said on Tuesday it would shut one of its Italian plants producing components for internal combustion engines (ICE), as the business had…

Motherson Group to reportedly acquire Italian auto components maker Marelli – here’s what it means

[ad_1] Motherson Sumi is the largest auto components maker in India, with market capitalisation of over $8 billion. Marelli, the Italian auto components maker, is a slightly larger company, which…