Chrysler 2008 Annual Report Download - page 90

Report on Operations Magneti Marelli 89
Exhaust Systems
Revenues totalled €635 million in 2008, a 3.6% increase over
the previous year. Positive contributions came from sales in
Poland, driven by increased demand for the Fiat 500, and from
sales to external customers in Brazil, Spain and Argentina. By
contrast, in Italy and China revenues contracted from the
previous year’s levels.
New production included complete exhaust systems for the
Alfa MiTo, Lancia Musa, Lancia Delta, Fiat 500, and for Ford, as
well as hot-end systems for the Euro 5-compliant turbocharged
1.4-litre gasoline engine.
Major new orders included a complete exhaust system for
General Motors for production in several countries and an
exhaust manifold for Volkswagen in Brazil.
Motorsport
During 2008, Magneti Marelli continued to be active at the
major sporting championships, supplying electronic control
systems, fuel systems, electro-mechanical components, and
telemetry and data acquisition systems to such major Formula
1 teams as Ferrari (2008 Constructors’ World Champion),
Toyota, Renault, Toro Rosso and Red Bull.
Magneti Marelli also continued its involvement in the Rally and
Moto GP championships; for the latter, the Sector provided fuel
injection and electronic control systems to Yamaha (2008 World
Champion), Ducati, Suzuki and Kawasaki.
Aftermarket
Revenues for 2008 were €242 million, substantially in line with
the previous year on a comparable scope of operations, when
the business line, which was consolidated from May 2007,
posted revenues of €167 million.
Increased volumes for battery products and extension of the
product range to include shock absorbers, belts and bumpers
compensated for the drop in sales in more established
product areas such as lighting, rotary machinery and
instrumentation.
Rising sales in the Mercosur and German markets helped
counterbalance the decline in other European countries.