Marelli in Talks on Debt Restructure

Mizuho Financial Group and other lenders are in talks to renegotiate debt and offer financing to keep KKR-owned parts supplier Marelli Holdings operational. Marelli had around USD $10bn in debt as of last September. If successful, Marelli will secure financing to keep operating while they renegotiate bank loans. If they fail to agree on the…

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Hector Fratty

Hector Fratty, DrivingVisionNews President and Founder has been for his entire career in automotive lighting. From 1995 to 2006, he was Valeo Lighting Systems’ chief of R&D, managing a staff of 650 engineers and technicians and a budget of over €70m. He holds 20 patents worldwide. In 2008, after 2 years’ consultancy, he initiated the launch of Driving Vision News, a news pipeline dedicated to keeping the lighting and driver assistance community informed of the latest progress and development in the industry. Hector Fratty presides over the highly‐regarded biennial VISION Congress international automotive lighting and driver assistance symposium. Hector Fratty is also a member of the ISAL steering committees.