Daily 5 report for Wednesday, June 11: Marelli bankruptcy joins list of failed supplier spinoffs from automakers. GM's former parts unit, Delphi, filed for Chapter 11 bankruptcy protection in October 2005 and emerged almost exactly four years later. The U.S. and China will maintain tariffs at their current, lower levels following negotiations between the two nations this week in London, President Donald Trump said. European automakers need to act fast to stay competitive in the AI race. Auto parts maker Dana to sell unit to Allison Transmission for $2.7 billion. BMW trims XM crossover portfolio for 2026. Lease credit reporting case heads to mediation after appeals court overturns ruling for Nissan captive lender.

Daily 5 report for June 11: Marelli bankruptcy joins list of failed supplier spinoffs from automakers

Marelli's bankruptcy joins a list of failed automaker supplier spinoffs, with Delphi's 2005 bankruptcy and recent events including US-China tariff maintenance, European automakers' AI competition urgency, Dana's $2.7 billion unit sale to Allison Transmission, BMW's 2026 portfolio trimming, and a lease credit reporting case moving to mediation.