Marelli Europe

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"Marelli" redirects here. For the surname, see Marelli (surname).
Marelli Europe S.p.A.
Company typeSubsidiary
IndustryAutomotive
Founded1919; 107 years ago (1919)
FounderFiat and Ercole Marelli
HeadquartersCorbetta, Lombardy, 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. (formerly Magneti Marelli S.p.A.) is a European subsidiary of Marelli Holdings which develops and manufactures components for the automotive industry. The firm is headquartered in Corbetta, 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 euros in 2016.[3]

Historic Magneti Marelli products, preserved and exhibited at Museo nazionale della scienza e della tecnologia Leonardo da Vinci, Milan
File:Musée Léonard de Vinci Milan 27.JPG
Car
File:Televisori Magneti Marelli Museo scienza e tecnologia Milano.jpg
Television sets

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

History

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Founded in 1919 as Fabbrica Italiana Magneti Marelli (FIMM), a joint-venture between Fiat and Ercole Marelli (1891–1993), an Italian electrical manufacturing company, the firm initially made ignition magnetos for the automotive and aviation industries, with its first plant in Sesto San Giovanni near Milan.

It was a subsidiary of FIAT (now Stellantis) from 1967 onwards.

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

In May 2019, Magneti Marelli and Calsonic Kansei merged 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 with powertrain systems. Business lines include automotive lighting systems, body control systems, powertrain control systems, electronic instrument clusters, telematics systems, and computers, suspension systems and components, exhaust systems, and motorsport, wherein Magneti Marelli develops specific electronic systems for Formula One,[6] Grand Prix motorcycle racing and the World Rally Championship.[needs update]

Magneti Marelli worked with Ford Motor Company and 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 and Bluetooth, USB connectivity, GPS navigation, voice recognition, and general office applications, e.g., word processing, contact, and calendar.[7] In 2023, Magneti Marelli fired 140 workers at its Niehl plant near Cologne, Germany. [8]

See also

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References

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  • Error creating thumbnail: File missing Media related to Lua error in Module:Commons_link at line 62: attempt to index field 'wikibase' (a nil value). at Wikimedia Commons
  • Official website

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