Automotive Industry
Industry: Email Alert RSS FeedEurope's major automotive lighting suppliers.(Focus)(Automotive Lighting)
Automotive News Europe, March, 2003 by Graham, Alex
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Byline: Alex Graham
AUTOMOTIVE LIGHTING
Automotive Lighting was set up in 1999 as a 50-50 joint venture between Germany's Bosch and Italy's Magneti Marelli. Magneti Marelli's stake was boosted to 70 percent when Seima - an Italian rear and signal lighting supplier - was incorporated into the business. Magneti Marelli acquired Seima for [euro]160 million at the end of 1999.
Automotive Lighting's total revenue in 2001 was [euro]1.04 billion.
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In Europe, Automotive Lighting has a 24 percent share of the front lighting market, and 32 percent of rear lighting. Its biggest ...
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