Fiat Alliances Include French, U.S. Companies

Jan. 13, 2005
Strategic alliances continue to be the order of the day in the auto-components industry. For example, Italy's Fiat SpA is assuming a particularly strong position on both sides of the Atlantic Ocean. Following the recent strategic alliance between Magneti ...

Strategic alliances continue to be the order of the day in the auto-components industry. For example, Italy's Fiat SpA is assuming a particularly strong position on both sides of the Atlantic Ocean. Following the recent strategic alliance between Magneti Marelli, its components subsidiary, and Midas, the Chicago-based car-repair and service group, the Italian automobile giant is merging its foundry activities with those of France's Regie Nationale des Usines Renault SA. The deal creates a world leader in components, with estimated sales of $2 billion. It also strengthens ties between Fiat and Renault, which recently joined their bus-manufacturing operations.

Popular Sponsored Recommendations

Global Supply Chain Readiness Report: The Pandemic and Beyond

Sept. 23, 2022
Jabil and IndustryWeek look into how manufacturers are responding to supply chain woes.

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

How Manufacturers Can Optimize Operations with Weather Intelligence

Nov. 2, 2023
The bad news? Severe weather has emerged as one of the biggest threats to continuity and safety in manufacturing. The good news? The intelligence solutions that build weather ...

How Organizations Connect and Engage with Frontline Workers

June 14, 2023
Nearly 80% of the 2.7 billion workers across manufacturing, construction, healthcare, transportation, agriculture, hospitality, and education are frontline. Learn best practices...

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!