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Marelli Europe

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"Marelli" redirects here. For other uses, seeMarelli (surname).
Marelli Europe S.p.A.
Company typeSubsidiary
IndustryAutomotive
Founded1919;105 years ago(1919)
FounderFiatandErcole Marelli
HeadquartersCorbetta,Italy
Key people
Ermanno Ferrari (CEO)
ProductsAutomotive components
Revenue€7.3 billion (2015)[1]
OwnerKKR[2]
Number of employees
40,500 (2015)[3]
ParentMarelli Holdings
SubsidiariesAL-Automotive Lighting
Weber
Websitewww.marelli.com

Marelli Europe S.p.A.(formerlyMagneti Marelli S.p.A.) is a European subsidiary ofMarelli Holdingswhich develop and manufactures the components for theautomotive industry.The firm is headquartered inCorbetta,Italy, and includes 86 manufacturing plants, 12 R&D centres, and 26 application centers in 19 countries,[3]with 43,000 employees and a turnover of 7.9 billion euro in 2016.[3]

Historic Magneti Marelli products, preserved and exhibited atMuseo nazionale della scienza e della tecnologia Leonardo da Vinci,Milan
Car
Television sets

Subsidiaries and brands of the company includeAL-Automotive Lighting,Carello, Cromodora, Cofap, Ergom Automotive, Jaeger, Mako Elektrik, Paraflu, Securvia, Seima, Siem SpA,Solex,Veglia Borletti, Vitaloni, andWeber.

History

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Founded in 1919 asFabbrica Italiana Magneti Marelli(FIMM), a joint-venture betweenFiatand Ercole Marelli (1891–1993), an Italian electrical manufacturing company, the firm initially madeignition magnetosfor the automotive and aviation industries, with its first plant inSesto San Giovanninear Milan.

It was a subsidiary of FIAT (nowStellantis Europe) from 1967 onwards.

On 22 October 2018, FCA announced that Magneti Marelli was being bought byKKR,to be merged with the Japanese automotive companyCalsonic Kanseifor $7.2 billion, a deal that would create one of the world's largest auto parts suppliers.[4][5]

In May 2019, Magneti Marelli andCalsonic Kanseimerged to form Marelli.[2]

Current work

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As of 2019,Magneti Marelli deals with intelligent systems for active and passive vehicle safety, and withpowertrainsystems. Business lines includeautomotive lightingsystems, body control systems, powertrain control systems,electronicinstrument clusters, telematics systems, and computers,suspensionsystems and components,exhaust systems,andmotorsport,wherein Magneti Marelli develops specific electronic systems forFormula One,[6]Grand Prix motorcycle racingand theWorld Rally Championship.[needs update]

Magneti Marelli worked withFord Motor Companyand Microsoft (Windows Embedded Automotive,formerly Microsoft Auto), to develop an in-dash computer (carputer) for Ford's work truck division introduced in 2008, with a built-in 6.5-inch, high-resolution touch screen andBluetooth,USBconnectivity,GPS navigation,voice recognition,and general office applications, e.g., word processing, contact, and calendar.[7] Magneti Marelli los 1400 worker Lighting for Ford and other Brands Automobile industry closes in 2024 in Cologne, Niehl Germany [8]

See also

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References

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  1. ^"2013 Annual Report"(PDF).Retrieved18 January2020.
  2. ^ab"Calsonic Kansei and Magneti Marelli unite under new worldwide brand – Marelli – as part of combined company's strategy to compete on a global scale".1 May 2019.Retrieved5 July2019.
  3. ^abc"Company".Magneti Marelli.Retrieved4 August2013.
  4. ^Business, Jethro Mulle (22 October 2018)."Fiat Chrysler is selling its auto parts unit".CNN.Retrieved23 October2018.{{cite web}}:|last=has generic name (help)
  5. ^"FCA to sell Magneti Marelli to CK Holdings for EUR6.2bn".Just-Auto.com.
  6. ^"Formula One kinetic energy recovery rigs debut".Archived fromthe originalon 18 August 2009.Retrieved31 January2009.
  7. ^"Ford" Work Solutions "Makes Trucks Smart—Ford Smart".Jalopnik.com, Ben Wojdyla, Feb 6 2008. 6 February 2008.
  8. ^"Nach nicht einmal drei Jahren: Marelli schließt Kölner Werk für E-Motoren – 140 Mitarbeiter betroffen".19 June 2023.
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