Japanese auto parts maker Marelli to invest $1.7bn in growth areas

CEO plans consolidation and structural reform, aiming to get out of the red as soon as 2023

20221104 Marelli

Marelli President and CEO David Slump spoke with Nikkei about growth investments.

Nikkei staff writers

TOKYO -- Japanese auto parts supplier Marelli Holdings plans to invest 260 billion yen ($1.76 billion) over the next five years in areas including autonomous-driving technology and electric vehicles as it works to turn its fortunes around.

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