Magneti Marelli
From Wikipedia, the free encyclopedia
| Magneti Marelli Holding S.p.A. | |
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| Type | A subsidiary of Fiat Group |
| Founded | 1919 |
| Founder | Fiat and Ercole Marelli |
| Headquarters |  Sesto San Giovanni, Italy |
| Key people | Sergio Marchionne (chairman) Eugenio Razelli (CEO) |
| Industry | Automotive |
| Products | Automotive components |
| Revenue | € 5 billion (2007)[1] |
| Employees | 28,000 (2007)[1] |
| Website | www.magnetimarelli.com |
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Magneti Marelli Holding S.p.A. is an Italian company which deals with development and manufacturing of systems, modules and high-technology components for the automotive industry. A subsidiary of Fiat Group, it has 28,000 employees and a turnover of 4.4 billion euro in 2007[1].
Magneti Marelli was founded in 1919 as a joint-venture between Fiat and Ercole Marelli, and was named as F.I.M.M. - Fabbrica Italiana Magneti Marelli; the first plant was established in Sesto San Giovanni near Milan, Italy. The company started as a magnet and electrical equipment manufacturer.
Magneti Marelli currently deals with intelligent systems for active and passive safety of vehicles, as well as in the powertrain area.
The business lines include: Lighting (front and rear lighting systems); Powertrain (gasoline, diesel and multi-fuel engine control systems, robotized gear-box Selespeed); Electronic systems (instrument clusters, telematics systems, body computers); suspension systems (suspension systems, shock-absorbers); Exhaust systems; and Motorsport, where Magneti Marelli develops specific electronic systems for F1[update needed], Motorcycle Grand Prix[update needed] and the World Rally Championship[update needed].
Magneti Marelli owned brands include Carello, AL-Automotive Lighting, Siem, Cofap, Jaeger, Solex, Veglia Borletti, Vitaloni and Weber.
Magneti Marelli is headquartered in Corbetta (province of Milan), and works with 56 plants, 9 R&D centres and 27 application centers in Italy, France, Germany, Spain, Poland (Bielsko-Biała), Czech Republic, Russia, Turkey, United States, Mexico, Brazil, Argentina, China, Malaysia, and South Africa.[1]
