Magneti Marelli S.p.A. Overview
Company Headquarters: Italy
Founded: 1919
Workforce: ~44,000
Company Working: Magneti Marelli S.p.A. specializes in the design and manufacture of a vast range of systems and components for the automotive sector. Its business areas include automotive lighting, powertrain, electronic systems, suspensions systems, exhaust systems, aftermarket parts & services, and motorsport parts. In the electronic systems business segment, the company offers instrument clusters, displays, infotainment & navigation, and telematics. It offers automotive remote diagnostics under the telematics category along with high-speed connectivity platform. The company offers remote diagnostics to automotive OEMs across Europe, the Americas, and Asia-Pacific.
The company has 85 production facilities and 46 research and development centers (including joint ventures). It has a presence in more than 20 countries, worldwide. It primarily operates and manages through joint ventures with local partners, globally. From May 2019, Magneti Marelli S.p.A. operates as a subsidiary of CK Holdings Co., Ltd. It also operates under the name, Magneti Marelli CK Holdings Co., Ltd, whose headquarters are located in Japan. Magneti Marelli had a total revenue of nearly USD 8,857.2 million in 2018.



