Marelli, the supplier seeking to renegotiate its debt, was not able to decide on a sponsor or business restructuring plans for its turnaround in its meeting with creditors this week, the company said.
Marelli, the supplier seeking to renegotiate its debt, was not able to decide on a sponsor or business restructuring plans for its turnaround in its meeting with creditors this week, the company said.
The automaker did not break out the amount to be invested in each plant, but said June 10 the dollars will go to Orion Assembly in Michigan, Fairfax Assembly in Kansas and Spring Hill Manufacturing in Tennessee.