Well-known Lamp Company Marelli's Breakthrough

Recently, the news that Marelli is on the verge of “bankruptcy” has been spreading in all major media.

Kyodo News reported that Marelli is reportedly considering utilizing Section 11 of the U.S. Bankruptcy Code, which is similar to Japan's Civil Rehabilitation Law, to prevent the company from being shut down due to the failure of acquisition negotiations. It can be seen that this is Marelli in the face of the past financial difficulties of a positive self-adjustment.

After KKR teamed up with financial institutions to acquire Conoco and Marelli and integrate them into the new Marelli Group, Marelli, as an entity, has been in the hands of financial capital to control its destiny and financial control, and the first principle of capital is to make profit, and may not be focused on the future and the long-term development of planning and investment. It is conceivable that the cash flow generated by Marelli in its operation may be continuously lost to financial investors, and thus its expenditure on innovation, research and development and employee welfare will be greatly restricted accordingly.

Therefore, the acquisition of the Motherson Group in India may be more promising for Marelli than capital control. Compared to capital, which is more interested in short-term benefits, the Sama Group, which has been investing in real estate, will focus more on long-term gains and be willing to invest in R&D and advance industrial deployment for quality assets, so that it can completely break out of the negative cycle and gradually discard its heavy debt burden.

In the continuing economic downturn in the market environment, no one can stay out of it. As a large multinational group with nearly 50,000 employees worldwide, the continuous and stable creation of employment and guarantee of employee welfare expenditure is in itself a manifestation of social responsibility.

It is reported that the Marelli Group in the Chinese region continued to invest, only its most advantageous business in terms of lamps, its in China, Wuhu, Xiaogan, Changchun, Foshan and other places on the establishment of large-scale lamps and lanterns production base. Counting the other six divisions, Marelli's factories and R & D organizations in China amount to nearly one hundred, effectively solving the problem of employment for the majority of the people and maintaining the lives and happiness of tens of thousands of families.

In terms of its contribution to the industry, Marelli's AL is basically synonymous with automotive lighting, and AL's full name, Automotive Lighting, translates directly to automotive lighting. From the initial kerosene lamps hanging on the horse-drawn carriages to the high-definition pixel headlamps now mounted on Mercedes Maybach and Azera ET9, AL has basically been leading the development of the automotive lighting industry, and has made great contributions to driving safety.

I remember a philosopher once issued a deep thought, in the end what kind of person is considered your friend? The answer is naturally known, whether it is the person who raises a glass with you and dances with you in your glorious moments, or the person who still watches over you in your difficult times. As a century-old enterprise founded in 1919, its entrepreneurship, guardianship, as well as the process of re-departure is destined to be full of bumps and hardships, there will be brilliant and bland, these are normal things, adjustments, but also for a better start, your products will be for you to speak out for you to shout.

Perhaps because usually do not provide sufficient funding to some media, and in times of difficulty they choose to publish some claptrap article title, in order to obtain traffic and forwarding, perhaps there are other ideas, we can understand here, and bear in mind! And I hope that Marelli is determined to continue to work hard towards what he believes to be the right path.