Magneti Marelli Holding S.p.A. is a subsidiary of Fiat Group and leader in developing and manufacturing systems, modules and high-technology components for the automotive industry with 25,000 employees and a turnover of 4 billion euro in 2005. 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. Company started as a magnet and electric equipment manufacturer and has always been a synonym of quality and innovation in the automotive world of which it was part of its birth, development and evolution. Magneti Marelli confirms its mission as a key player in the automotive components field focusing on its strong electronic skills to develop intelligent systems for active and passive safety of vehicles and in the powertrain area with the objective to broaden its customer portfolio on high service levels. 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 competitions and holds an undisputable technological leadership in F1, Motorcycle Grand Prix and the WRC. Magneti Marelli owned brands are: Carello, Automotive Lighting, Siem, Cofap, Jaeger, Solex, Veglia Borletti, Vitaloni and Weber. Magneti Marelli is headquartered in Corbetta (Milan) and works with 53 plants and 31 R&D centres in Italy, France, Germany, Spain, Poland, Czech Republic, Russia, Turkey, United States, Mexico, Brazil, Argentina, China, Malaysia, and South Africa.
