MAGNETI MARELLI Overview
Company Headquarters: Italy
Founded: 1919
Workforce: ~44,000
Company Working: Magneti Marelli SpA operates as a subsidiary of Fiat Chrysler Automobiles NV. The company is one of the leading designers and producers of a vast range of systems and components for the automotive sector. Its business areas involve electronic and lighting systems, powertrain components, suspensions systems, exhaust systems, and plastic components and modules. The suspension systems segment comprises suspensions, shock absorbers, and dynamic systems. Magneti Marelli SpA supplies automotive systems and components to all the leading automotive manufacturers in Europe, North and South America, and Asia. The company has 85 production facilities and 46 research and development centers (including joint ventures). It has a presence in 19 countries and supplies to all the major OEMs, worldwide.
Within the scope of its mission as a world-wide automotive systems and components supplier, Magneti Marelli aims at combining quality and competitive offer, technology and versatility, with the goal of making key technologies available to the final user at a competitive price. Through a process of constant innovation, Magneti Marelli aims at optimizing transversal know-how in the electronics field in order to develop intelligent systems and solutions that contribute to the advancement of mobility, according to criteria relating to environmental sustainability, safety and quality of life onboard the vehicles. Magneti Marelli is part of FCA.
Strategy
Magneti Marelli Spa is focused on mid-to-long-term growth by developing advanced sensor solutions with its production technologies and sensor control technologies to strengthen its sensors. The company also plans on implementing its sensor control technologies to develop innovative microelectromechanical systems. In order to retain and acquire new customers and expand its global presence, the company aims to grow its sales globally. Magneti Marelli Spa also plans to enhance its production systems to raise its sales ratio and maintain a strong market position.
