Chrysler 2007 Annual Report Download - page 84

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Report on Operations Magneti Marelli
Development activities focused on new instrument panels for
Volkswagen, Renault, Citroen and Ford models, the Fiat
instrument panel designed for compatibility with the Blue&Me
telematic application as well as on the evolution of body
computers for Fiat, and on door modules for Renault,
Ssanyong and Chery in the occupant compartment area. Major
progress was also made towards an integrated GSM and GPS
based telematic system.
Orders were received for the Fiat Stop&Start system, the PSA
Emergency call and radio/navigator, the instrument panel for
new Volkswagen models, and the FordWorks telematic system
for Ford models.
Exhaust Systems
Revenues reached 613 million euros in 2007, a 15% increase
over the previous year due to higher volumes from the
business line’s main customers: Fiat in Italy and Poland;
Daimler and Seat in Spain. In the Mercosur area, strong
demand from all customers contributed to growth.
Product development addressed components for cold-end
exhaust silencing systems and for emissions abatement,
including the hot-end system for FPT Powertrain Technologies
new supercharged spark ignition engines. For diesel engines,
new Euro 5-ready products were developed.
Major new orders booked included the exhaust system for
Daimler in China, which will strengthen the business line’s
presence on the Chinese market.
Motorsport
During 2007, Magneti Marelli continued to be active in the
major motorsports championships, supplying electronic control
systems, fuel system and electromechanical components, and
telemetry and data acquisition systems to such major Formula
1 teams as Ferrari (2007 World Champion), Toyota, Renault, Toro
Rosso, Red Bull and Spyker.
Magneti Marelli also participates in the World Rally
Championship and the Moto GP championship; for the latter,
the Sector provided fuel injection and electronic control
systems to Ducati (winner of the 2007 world title), Yamaha,
Suzuki and Kawasaki.
Volkswagen, the Selespeed system for customers in China, and
cold start Systems. Innovation work concentrated on lowering
oxides of nitrogen for Euro 6 diesel engines and on hybrid
engine architectures.
Major orders were received during the year for the new Dual
Dry Clutch transmission, the 2.0 litre Euro 5 diesel manifold for
FPT Powertrain Technologies, and 1.3 litre SDE diesel engine
control units for Tata and Suzuki Maruti.
Suspension Systems
Revenues for 2007 amounted to 1,182 million euros, an increase
of 150 million euros over 2006 on a comparable scope
of operations achieved thanks to the success of the new products
launched by the business line’s main customer Fiat Group
Automobiles: the Bravo in Italy, the Grande Punto in Brazil, and
the Fiat 500 in Poland. Sales to PSA and General Motors also rose.
The business line’s work on product development in 2007
focused on suspension products for Mercedes and Ford
models, and on innovative shock absorbers and suspensions
for new models of Fiat Group Automobiles. In addition,
functional specifications were drawn up for a new generation
of shock absorbers. Innovation work concentrated on the
Sector’s patented U-Link suspension.
Major orders were booked from Fiat Group Automobiles for
the new Lancia Delta HPE and Alfa Junior, and as regards the
U.S. market General Motors, and Ford.
Electronic Systems
Total revenues for 2007 amounted to 556 million euros, up 4%
from the previous year. Revenues from instrument panels rose
by 2.1%, sales of telematic systems were substantially in line
with 2006, while revenues from occupant compartment
products posted a significant increase that was largely due to
the production of new modules for the Fiat Group.
In addition to Fiat Group Automobiles, for which the business
line launched new instrument panels for the Fiat 500 and the
Fiat Linea as well as the Blue&Me Nav telematic system, PSA
and Volkswagen-Audi (+15%) continued to number among
Electronic Systems business lines major customers with the
launch of instrument panels for new models.
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