Magneti Marelli defaults on $767 million in unsecured debt owed to Stellantis and Nissan

In its latest bankruptcy filing, Magneti Marelli revealed that it owed Stellantis and Nissan a total of $767 million in unsecured debts. It is reported that Stellantis and Nissan are listed as the largest unsecured creditors, owed $454 million and $313 million respectively.