Business

FCA sells Magneti Marelli to the Japanese Calsonic Kansei

FCA has sold Magneti Marelli to Calsonic Kansel, a company in the automotive sector born in Japan.

The operation, which has a value of € 6.2 billion and aims “to create an independent leader in automotive components”, was announced in a joint statement by FCA, Magneti Marelli and Calsonic Kansei.

Businesses are held in Italy and employment levels.

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