Marelli Europe S.p.A. (Formerly Magneti Marelli S.p.A.)

Company Profile

■URL

https://www.marelli.com/

■Address

Viale Aldo Borletti, 61/63 - 20011 Corbetta, Milano, Italy

Business Overview

-The Company develops and produces automotive components and systems, focusing on lighting, powertrain, electronics, suspension, and exhaust systems. It supplies all major automotive OEMs in Asia, Europe, North and South America.

-On May 2, 2019, CK Holdings Co., Ltd., the holding company of Calsonic Kansei, completed the acquisition of Magneti Marelli S.p.A. from Fiat Chrysler Automobiles N.V. On September 9, 2019, Magneti Marelli S.p.A. changed its legal name to Marelli Europe S.p.A while Calsonic Kansei Corporation changed its legal name to Marelli Corporation. Finally, on April 1, 2020, Magneti Marelli CK Holdings Co., Ltd., the holding company of Marelli, changed its legal name to Marelli Holdings Co., Ltd.

Shareholders

-On May 2, 2019, CK Holdings Co., Ltd., the holding company of Calsonic Kansei, completed the acquisition of Magneti Marelli S.p.A. from Fiat Chrysler Automobiles N.V. On September 9, 2019, Magneti Marelli S.p.A. changed its legal name to Marelli Europe S.p.A. As such, the Company is a wholly owned subsidiary of Magneti Marelli CK Holdings Co., Ltd., now known as Marelli Holdings Co., Ltd.

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Products

Lighting Systems
Headlamp technologies
-High-resolution LED ADB technologies

h-Digi microLED lighting modules
h-Digi lighting modules
e-Light 9.0 ADB modules
84-pixel PHB modules

-Standard LED ADB technologies

Adaptive Frontlighting System (AFS)
Daytime Running Lights (DRS)
m-Light modules
k-Light modules

-Basic LED technologies

f-Lux modules
d-Light modules

-Turn signals

Lighting Electronics

-Software as a Product (SaaP)

-Light domain controllers

ADAS Technology

-LiDAR

-Smart Corner with integrated sensors

Rear lamp technologies

-Adaptive Rearlighting System (ARS)

-Full-LED lamps

-Folia-LED lamps

-OLED lamps

Interiors Systems

-Cockpit modules

-Instrument panels with integrated large displays

-Sliding arm console, storage, and compartment solutions

-Smart surface solutions with illumination and switch functions

Translucent, decorative materials, such as sustainable artificial leather, piano black (high gloss), metal-like finishes
Translucent switches
Interactive smart surfaces
Informative smart surfaces

-Stress-free HMI with integration of Horizon head-up display

-Sustainable and antibacterial solutions

Lightweight instrument panel substrates (foaming)
Lightweight cross car beams
Injection molding skins

Propulsion Systems
Conventional Powertrain Solutions
-Hydrogen fuel systems for ICE applications
-Throttle bodies and valves
-High pressure gasoline direct injection systems
-Variable geometry turbine actuators
-Air intake manifold modules
-Transmission actuation systems
-Engine management systems

Electrification Solutions
-e-Motors
-Inverters
-e-Axles
-Battery management systems
-Multipurpose mechatronics transmission actuators
-Multipurpose mechatronics thermal management actuators
-Vehicle multidomain management units

Engineering Services and Software Solutions
-Testing services
-Engineering services
-System software development

Electronics
Displays
-LeanDisplay platform at lower price point with local dimming capabilities
-ProDisplay platform at medium price point with TFT screen
-EliteDisplay platform at high price point using OLED technology
-LeanHorizon HUD platform at lower price point using a single screen
-ProHorizon HUD platform at medium price point with 1 or 2 screens
-EliteHorizon HUD platform high price point with 3 screens
-35.6" single wide displays
-Large displays by assembling 2 or more standard TFTs
-Displays with OLED technology
-Dynamic privacy displays
-Hidden displays installed under a translucent surface decoration
-Software solutions

Software-defined audio platforms
Sound zoning allows the car to function as a personal conference room with background noise cancellation
MyAvatar - AI-powered vehicle assistant
Software applications for multiple domains as-a-Product
AI-driven Contex Aware Mobility Experience (CAMEX) platform analyzes the entire car environment to adapt its settings based on user behavior and external environment
Digital twin - a cloud-based virtual representation of cabin hardware and software that accelerates design, testing, simulation, and feature deployment via OTA updates

-Core/zonal architecture

LeanCore platform consolidates traditionally separated ECUs into a singular integrated controller and supports up to four displays and six cameras
ProCore platform unifies multiple ECUs into a single controller and support up to 12 displays and 6 cameras
EliteCore platform integrates traditionally separate ECUs into an advanced controller, managing diverse operating systems while supporting up to 12 displays and 6 cameras.

-Zonal control units (Zone) managing functions across multiple domains

LeanZone system supports 2 domains
ProZone system supports 3 domains
EliteZone system supports 4 domains

-Connect platforms for software-defined zonal architecture

LeanConnect platform that integrates instrument cluster, in-vehicle infotainment with 4G telematics and can manage two displays and two cameras
ProConnect platform that integrates cluster, in-vehicle infotainment, with 4G/5G telematics and can manage up to four displays and six cameras
EliteConnect platform

Suspension Systems
-Ultra-lightweight suspension components
-Rear axle carrier for electric vehicles

Exhaust Systems
-Burner-type active catalyst heating systems

Thermal management systems
-Integrated Thermal Management Module (iTMM)

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History

1994	Signed a joint-venture agreement whereby instrumentation panels would be manufactured in the People's Republic of China. The Company boosted production both in Poland and Turkey.
1995	The Company's rationalization program in Italy, Germany, Brazil, Spain, and Great Britain were proceeded The Company undertook a further joint-venture deal with the Walbro company for the manufacture of fuel delivery systems in Mexico. A second joint-venture agreement was signed for the manufacture of instrument clusters in the People's Republic of China. The Company underwrote two joint-venture deals for the manufacture of exhaust systems and oil/water pumps in Brazil.
1996	In Argentina a third joint venture (Magneti Marelli Denso) agreement was undertaken with the Japanese company Denso Corp in the Thermal Systems area. Magneti Marelli Sistemas de Escape was established in Argentina. The new company would manufacture exhaust systems. Co, acquired in Portugal the Joao de Deus company, a supplier of engine cooling systems.
1997	Purchased the controlling interest in the Brazilian company Cofap, the largest components maker in South America. The Company signed a joint venture agreement in India for the manufacture of instrument clusters and other components. The Company signed a new joint venture agreement in China which will be operative in the engine control area. Magneti Marelli South Africa was established for the production of exhaust systems. The Company handed over its interest in sensors and column switches activities to the French company Labinal.
1998	Started production at the new factories operated by Cofap of America Inc. (shock absorbers) and the Shanghai Magneti Marelli Ltd. (instrument clusters) and Shiyan Magneti Marelli Dong Feng Auto Fueling Components Co. Ltd. (engine control systems) Chinese joint-ventures. The Company acquired a 50% interest in Viasat from Telespazio, a Telecom Italia Group company that retains ownership of the remaining 50%. Viasat provides info mobility services through the use of innovative satellite technologies.
Jul. 1998	Exchanged its 68% share in the Arvin-COFAP joint-venture for Arvn's share in an Italian ride control manufacturing facility.
Mar. 1999	Sold an 80% share in its rotating machine business to the Japanese firm, Denso Corp.
Jan. 2000	Sold its lubricants business (the Fiat Lubricants group) to the British private equity group, Doughty Hanson.
Jul. 2004	Sold its Midas assets (speedy automobile maintenance business) in Europe and Latin America to the Norauto Group.
Nov. 2004	Acquired the assets of Sistemi Elettronici, a strategic supplier to Fiat Auto and other vehicle manufacturers.
Sep. 2005	The Company and Autoliv have signed a cooperation agreement for advanced automotive safety system electronics.
Sep. 2007	Signed a memorandum of understanding with Chery Automobile Co., Ltd. for the creation of a joint venture in China that produces hydraulic components for the Selespeed AMT transmission, which will be used by Chery and other car makers.
Oct. 2007	The Company, Suzuki Motor Corporation and Maruti Suzuki India Limited have signed an agreement for the creation of a joint venture in India, aimed at the production of electronic control units for diesel engines.
Jan. 2008	The Company and Sumi Motherson Group have signed an agreement for the creation of a joint venture in India aimed at the production of automotive components in the area of lighting and engine control systems.
Feb. 2008	Signed two agreements for the creation of two joint ventures in India aimed at the production of exhaust systems for automobiles. The agreements, which provide for equal shareholdings, have been entered into with SKH Metals Limited and SKH Sheet Metal Components Limited respectively.
Jun. 2008	The Company and Endurance Technologies Pvt. Ltd. have signed a joint venture agreement aimed at the production of shock absorbers for motor vehicles in India and Thailand.
Sep. 2008	The Company and Unitech Machines Limited have signed an agreement for the creation of a joint venture aimed at the production of motor vehicle electronic systems in India.
Jan. 2012	Formed a joint venture with Talbros Automotive Components Limited in India to produce suspension systems.
Apr. 2012	Formed a joint venture with Changchun Fudi Equipment Technology Development Co. Ltd. in China to produce powertrain components.
Jun. 2012	Formed a joint venture with Promatcor Inc. through subsidiary Sistemi Sospensioni S.p.A. to produce suspension systems in Mexico.
Nov. 2012	Formed a joint venture with Hefei Jianghuai Automotive Co., Ltd. and Hefei Lingdatang Collective Assets Management Co., Ltd. in China to produce exhaust systems.
Oct. 2013	Formed a joint venture with China South Industries Group Corporation (CSI) in China to produce headlamps and rear lamps.
Jun. 2014	Formed joint venture with Samvardhana Motherson International Ltd. (SMIL) as SMIL acquired a 50% stake of Magneti Marelli Shock Absorbers India Private Limited.
Jun. 2014	Formed joint venture with DTR Corporation, a Korean industrial rubber manufacturer, with the plan to acquire CF Gomma, an Italian-based supplier of automotive rubber products.
Dec. 2015	Formed joint venture with Changchun Fudi Equipment Technology Development Co. Ltd. to produce and sell automotive lighting systems.
Sep. 2017	Acquired stake in LeddarTech Inc., a company focused on the development of lidar technologies.
Aug. 2018	Signed agreement for acquisition of SmartMeUp, a French software company focusing on autonomous driving, smart city, and safety technology applications.
May 2019	FCA completed the sale of the Company to CK Holdings CO., Ltd., the holding company of Calsonic Kansei. FCA received cash considerations of approximately EUR 5.8 billion for the sale.
Sep. 2019	Magneti Marelli S.p.A. changed its legal name to Marelli Europe S.p.A