mber 3, 2010) Ogura Clutch Co., Ltd. announced that Ogura Corporation, its U.S. subsidiary, might be unable to collect account receivables from Visteon Corporation of the U.S. on schedule or even have to give up the recovery efforts. The announcement followed Visteon's recent filings for Chapter 11 bankruptcy protection. The total amount of receivables from Visteon is 3.26 million US dollars (approximately 315 million yen). Ogura Clutch says it w...

Major Suppliers  Updated at: 2026/01/28

SAMIL and with the current sell-out, SWS holding has reduced to 14.32% in SAMIL. (Based on Samvardhana Motherson International Limited stock exchange notification dated March 16, 2023) Samvardhana Motherson International Limited (SAMIL), a company of Motheron Group, announced that the United States bankruptcy court, Northern District of Alabama, Western Division vide an order dated April 7, 2023, authorized the sale of substantially all the asset...

Major Suppliers  Updated at: 2026/01/07

Tachi-S on comprehensive collaboration in development and manufacture of automotive seating systems TACHI-S to reduce 100 employees by early retirement Hitachi to reorganize automotive systems division Tachi-S to set up overseas business division Tachi-S' joint venture partner Lear Corp. in bankruptcy: projects in U.S., China and U.K. to be continued Tachi-S closes No.2 Plant at Suzuka facility Tachi-S to start production in India and ...

Major Suppliers  Updated at: 2025/12/17

imited ("SAI"). Kyowa opted for the dissolution of Kyowa Leather Cloth U.S.A., INC as the subsidiary incurred a significant amount of debts and continued to struggle financially without a positive future outlook since SAI had filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in November 2006. The company confirmed that they will utilize outside channels available for future handling and exporting products m...

Major Suppliers  Updated at: 2025/12/03

ty allocation. As a result, RHJ International S.A., which used to be a disinterested company, became the parent company of the Company. May 2009 The Company removed Metaldyne from its consolidated financial statements, following Metaldyne Corporation and its 30 subsidiaries filing for Chapter 11 bankruptcy protection. Apr. 2010 The Company spun off its Electric Power Equipment Division, turning it into Asahi Tech TDM Co., Ltd. Feb. 2012 ...

Major Suppliers  Updated at: 2025/12/03

o JPY 740 million. This was a JPY 18 million decrease from the previous year's net income. Click here for details Akebono Brake Industry Co., Ltd. announced that collection of receivables from its client, General Motors Corp., might be impossible or delayed along with GM's filing for Chapter 11 bankruptcy protection. The debt amount is US$1.31million (approx. 124 million yen). The company had business with GM through its U.S. subsidiary, Akeb...

Major Suppliers  Updated at: 2025/09/25

the region, namely GM in Antwerp and Ford in Genk. However, the former closed its doors and the latter has put its entire production of car seats, including the production of foam cushions, into the hands of Lear Corporation. (From a press release on January 14, 2011) Recticel announced that the US Bankruptcy Court has approved a restructuring plan of its US subsidiaries - Recticel Interiors North America (RINA) and Recticel Urepp North America (...

Major Suppliers  Updated at: 2025/09/19

n, Indiana. Chrysler, rejecting the financing structure that GETRAG had offered, has elected to terminate the supply agreement and related documents. (From a press release on Oct.17, 2008) GETRAG Transmission Manufacturing LLC (GTM LLC) has filed for protection under chapter 11 of the United States Bankruptcy Code for its Tipton, Indiana facility. The GTM LLC facility was being constructed for the sole purpose of manufacturing dual clutch transmi...

Major Suppliers  Updated at: 2025/09/17

RATTEC expects to complete the acquisition before the end of 2008. (From a press release on May 27, 2008) Strattec Security Corporation announced that it has been exposed to possible defaults on a portion of accounts receivable due from Chrysler LLC because of the automaker's filing for Chapter 11 bankruptcy protection. Strattec holds approximately 2.7 million USD in Chrysler debt. The Company has already applied to "Auto Supplier Support Progra...

Major Suppliers  Updated at: 2025/09/16

ebt and pension related liabilities, the total value of the transaction is approximately USD 900 million. The transaction is anticipated to close in September or October of 2019. (From a press release on July 12, 2019) Tower Automotive announced it has filed a restructuring term sheet with the U.S. Bankruptcy Court for the Southern District of New York to sell substantially all of its assets through a Chapter 11 Plan to funds and accounts to be d...

Major Suppliers  Updated at: 2025/09/12

nd, Ohio.The Company sold them to Viking Industries for USD 12.4 million in cash. The Company and Viking formed a joint venture, Valley City Steel, LLC, in which the Company owns a 49% minority interest and Viking owns a 51% majority interest. Dec. 2002 Valley City Steel LLC has sought Chapter 11 bankruptcy protection. The Company owns a 49 percent interest in Valley City, which it said requested protection. Viking Steel LLC, which owns the rem...

Major Suppliers  Updated at: 2025/09/11

75 million EV battery enclosure plant in Muscle Shoals, Alabama Almak-Dura Extrusion announces investment in North Macedonia DURA announces Muscle Shoals, Alabama manufacturing site for EV battery enclosures DURA to open new facility in Republic of North Macedonia DURA Automotive Systems files for bankruptcy, secures USD 77 million for restructuring DURA secures USD 84 million in financing from Bardin Hill Investment Partners Dura Automotive sol...

Major Suppliers  Updated at: 2025/09/04

of this year.   Nov. 2001 Announced plans to close its manufacturing facility in Bowling Green, Kentucky.   Dec. 2001 The Company, 30 of its wholly-owned domestic subsidiaries and one wholly-owned Mexican subsidiary filed voluntary petitions for reorganization relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware. Jan. 2002 Announced the sale of the non-core System Service busi...

Major Suppliers  Updated at: 2025/09/03

se original equipment manufacturer. The Company will supply First Auto Works with airbag systems. Signed a new supply agreement with Sungwoo Corporation to deliver driver and passenger side nonazide inflators. Sep. 1997 Filed a voluntary petition for relief under Chapter 11 of the United States Bankruptcy Code. Oct. 1997 Signed a Memorandum of Understanding with Siemens Aktiengesellschaft, Automotive Systems Group to form a global strategic...

Major Suppliers  Updated at: 2025/08/28

sed on steering systems research, design, and manufacturing. 1998 Integrated as steering operations business division into the newly created Delphi Corporation under General Motors. 1999 Delphi Corporation was spun-off by General Motors as an independent corporation. 2005 Filed for Chapter 11 bankruptcy protection as part of Delphi Corporation. 2009 Sold to General Motors from Delphi Automotive and renamed Nexteer Automotive. 2010 Sold ...

Major Suppliers  Updated at: 2025/08/27

stems, heat exchangers, and compressors. The main products of the former Magneti Marelli (Now is Marelli Europe S.p.A.) are lighting, electronics, and powertrain. -The Company is engaged in these business areas: Lighting Interiors Electronics Propulsion Exhaust Suspension Thermal Activities for bankruptcy and reorganization proceedings -Marelli Corporation (Marelli) has voluntarily filed for Chapter 11 cases in the United States Bankruptcy Co...

Major Suppliers  Updated at: 2025/08/21

roduction of belts for light combustion cars with molded teeth for quieter, more efficient operation. Its operations will begin during the first quarter of 2024. (Mexico Now on February 29, 2024) Mark IV announced that it has filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code. None of Mark IV's operations outside of the United States were included in the filing. In addition, Mark IV's Intelligent Vehicle Hig...

Major Suppliers  Updated at: 2025/08/13

al output of 90,000 tons at the Yulchon industrial complex, Gwangyang, South Jeolla Province. (From a press release on January 21, 2020) General Motors has selected a site for its new JV battery-cell plant with LG Chem on vacant property it once owned in Lordstown, Ohio, and left behind in its 2008 bankruptcy.GM has entered into a purchase agreement with NorthPoint Development for the 158-acre property, located next to the former GM Lordstown Ass...

Major Suppliers  Updated at: 2025/07/29

ompany press release) Delphi Corporation, through certain of its affiliates, has entered into an asset sale and purchase agreement with a subsidiary of TRW Automotive Holdings Corp. for the sale of a portion of its North American brake component machining and assembly assets. As required under the Bankruptcy Code, Delphi filed a motion with the U.S. Bankruptcy Court for the Southern District of New York requesting a hearing on Sept. 27, 2007 to ...

Major Suppliers  Updated at: 2025/07/29

transferred to elsewhere. (From a press release on July 7, 2010) Linamar has acquired the additional shares of its subsidiary Linamar Hungary Nyrt, increasing its stake in Linamar Hungary from about 70.3% to approximately 99.0%. (From a press release on July 2, 2010) Given the filing for Chapter 11 bankruptcy protection by GM, Linamar issued a statement on accounts receivable from GM. As of June 1, 2009, the outstanding balance from GM that is ol...

Major Suppliers  Updated at: 2025/07/28