Fiat Chrysler Spinning Off Magneti Marelli Parts Business

April 4, 2018 | From The Web, Industry News

FCA plans to spin off its nearly century-old parts-making operation Magneti Marelli a move that is part of CEO Sergio Marchionne’s strategy to “purify” the Italian-American automaker’s focus on car manufacturing. TheDetroitBureau.com has more on the plan.

Source:: The Detroit Bureau

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