25.01.2011 MAGNETI MARELLI SUZUKI INDIAN JV PASSES HALF MILLION ECU PRODUCTION MARK

MAGNETI MARELLI ECU

Magneti Marelli Powertrain India Limited - a joint venture between Magneti Marelli, Maruti Suzuki and Suzuki Motor Corporation, Japan - closed the calendar year of 2010 by crossing the production mark of 500,000 ECUs (Engine Control Units) since it started producing the component in India in August 2008. This important milestone was achieved in company’s plant at Manesar - the industrial district of Gurgaon, 40 kilometres from New Delhi.

To celebrate this landmark achievement, a ceremony was held in Manesar plant. It was attended by Mr. Eugenio Razelli, CEO of Magneti Marelli and Mr. Shinzo Nakanishi, Managing Director and CEO along with Mr. S. Maitra, Managing Executive Officer, Supply Chain of Maruti Suzuki.

The ECUs, both Diesel and Gasoline, made in Manesar are devoted to the Indian and International Market and they are fitted on several car models produced by Maruti Suzuki, Fiat India, Tata Motors and Volkswagen.

During the ceremony at the joint venture factory, a production line was inaugurated for the new YY4 diesel control units, which will join the current units and will allow, in 2011, to reach the target of one million ECUs to be produced.

This is an important result in a strategic market that in 2010 experienced 30 percent growth when compared to 2009, according to IHS Global Insight, and it is a market in which Magneti Marelli participates in no less than six joint ventures and can count on seven production plants that cover the Company’s entire industrial perimeter.
 

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