Fiat Group's component giants are deployed in China

It is reported that Eugenio Razelli, chief executive officer of the Magneto Marelli Group, a component giant of the Fiat Group, said that in the future Magneti Marelli will complete production in China, including lighting, power systems, onboard electronic entertainment systems, suspensions, and exhaust gas purification systems. Multiple products within. Last year, the Magneti Marelli Group achieved a turnover of 5.9 billion euros.

EugenioRazelli revealed that in 2014, Magneti Marelli will start production of GDI gasoline direct injection engine system components in Wuhu. He said that with the addition of gasoline direct injection and booster technology, the reduction in engine size and weight, and the production of dual clutch transmissions, the new power system will reduce fuel consumption by 20% to 25%. The hybrid technology currently used in racing cars will soon be applied to civilian models and will continue to help reduce carbon emissions.

Since entering the Chinese market in 1996, the Magneti Marelli Group, a component giant of the Fiat Group, has established five wholly-owned or joint venture companies in China, which are located in Shanghai, Wuhu, Guangzhou, Hangzhou and Changchun, and have completed China's North-South layout.

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