Marelli CEO Razelli says automakers seek better parts, not just price cuts.(Talk From The Top)(interview with Eugenio Razelli, Magneti Marelli S.p.A's chief executive officier)(Interview)

Byline: Luca Ciferri

CEO Eugenio Razelli says Magneti Marelli refuses automakers' demands to make abrupt price reductions, which partly explains why he characterizes relations between the two sides as "tense." But he sees positive changes taking place, especially in Europe, where he says automakers are more focused on getting better parts and not just low prices.

Razelli, 56, has been Marelli's boss since April 2005. Before the end of the decade he aims to boost the Fiat subsidiary's sales by more than a third to more than [euro]6 billion. He talked about the ...