Magneti Marelli

Magneti Marelli S.p.A.

Type	A subsidiary of FCA Italy
Industry	Automotive
Founded	1919
Founder	Fiat and Ercole Marelli
Headquarters	Corbetta, Italy
Key people	Sergio Marchionne (chairman) Pietro Gorlier (CEO)
Products	Automotive components
Revenue	€ 7.3 billion (2015)
Number of employees	40,500 (2015)
Subsidiaries	Automotive Lighting
Website	http://www.magnetimarelli.com

Magneti Marelli S.p.A. [maɲˈɲɛti maˈrɛlli] develops and manufactures high-tech components for the automotive industry.

A subsidiary of Fiat (now FCA Italy) since 1967, Magnetti Marelli is headquartered in Corbetta, Italy and includes 85 manufacturing plants, 12 R&D centres and 26 application centers in 19 countries — with 38,000 employees and a turnover of 23 billion euro in 2013.

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, Weber.

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

Magneti Marelli currently deals with intelligent systems for active and passive vehicle safety as well as 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,Motorcycle Grand Prix and the World Rally Championship.