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Magneti Marelli Latest News

  • Fiat Chrysler Automobiles (FCA) has approved the sale of its car parts corporation Magneti Marelli to Japanese firm CK Holdings. The latter is part of the Calsonic Kansei Corporation and has purchased the parts company for an amount of $6.5 billion, lower than the initial price tag due to the unit's changed financial position. FCA had agreed to sell Magneti Marelli last year to CK Holdings for $6.9 billion but the sale price had to be adjusted based on Magneti's estimated financial position as of the closing date. The combined business will operate under the entity "Magneti Marelli CK Holdings Co. Ltd." Ermanno Ferrari, CEO of Magneti Marelli, will join the Magneti Marelli CK Holdings board.
    FCA Completes Sale Of Magneti Marelli To CK Holdings For $6.5 Billion
  • Fiat Chrysler Automobiles NV (FCA) has agreed to sell its Magneti Marelli unit to KKRs Calsonic Kansei
    Fiat Agrees to Sell Parts Unit Marelli to KKR's Calsonic Kansei
  • After Google and Apple, Nokia announced the Here Auto connected car platform. Nokia is not new to the world of navigation but this time around they will be developing an application that can be embedded to a vehicle's navigation system, a mobile app companion and a cloud service.
    Nokia Reveals Here Auto Connected Car Navigation System
  • Hero MotoCorp collaborates with Italian company Magneti Marelli S.p.A with an aim to produce powertrain systems for the two-wheeler market in India.
    Hero MotoCorp and Magneti Marelli S.p.A deal