Beruflich Dokumente
Kultur Dokumente
EQUIPMENT INDUSTRY
ITALY
Fact Pack
1
CONTENT
Recommendations
References
2
THE ITALIAN MANUFACTURING INDUSTRY
PRODUCES FOR A VALUE OF SEK 7 600 BILLION
The total turnover of the Italian manufacturing
5 largest manufacturing industries in industry is SEK 7 615 billion
Machinery Italy the Swedish manufacturing industry’s
construction
turnover is SEK 1 357 billion
Thefood The most important sectors within the
industry manufacturing industry are construction of
machinery and food related production
Automotive
There are approximately 540 000 companies
active within the manufacturing industry in
Chemicals Italy
4.9 million employees
Metal The Italian industrial structure is
products
dominated by small companies. 83 % of
0 200 400 600 800 the manufacturing companies employs
less than 9 employees.
The average labour cost for an industry worker
in Italy is SEK 198 per hour
Billion SEK
construction and food production stand for 20% of the total Italian manufactu
3
e: ISTAT, Eurostat
CONTENT
Passenger Cars
Commercial Vehicles
Suppliers
Recommendations
References
4
THE ITALIAN PRODUCTION OF CARS AND
COMMERCIAL VEHICLES TOTALS SEK 407
BILLION
- the latest
billion statistics
Production of cars andindicates an upswing in
commercial vehicles
500 industry in Italy
value
SEK of production
Trailers and
400
containers
SEK 14 billion
300
Vehicles
200
Components andand engines
accessories SEK 132 billion
100 SEK 260 billion
0
2001 2002 2003
Domestic Export
COMMERCIAL VEHICLES
(314 000 vehicles)
Passenger Cars
Commercial Vehicles
Suppliers
Recommendations
References
7
THE ITALIAN PRODUCTION OF PASSENGER
CARS HAS PERFORMED POORLY BUT IS
SHOWING SIGNS OF RECOVERY
Passenger Car Production in Italy Development the last 5 years
8
ws, ANFIA, Il Sole 24 Ore
FIAT’S PURCHASE DECISIONS FOR THE ITALIAN
PRODUCTION IS CENTRALISED TO HEADQUARTER IN
TURIN
Manufactu Employe Business Purchase decisions
rer es
Fiat Auto 180.000Passenger HQ, Turin, Italy (For all Italian production.
cars Also has local HQs in Brazil and Turkey with
Passenger Cars
9
urce: Kompass, interviews
THERE ARE A TOTAL OF 13 CAR MANUFACTURING
PLANTS IN ITALY
- Fiat
MostGroup
of them are operated by Fiat
Manufactur Plants
Auto
Models and focus Productio
Chivasso er n volume
Pininfarina
Bairo Fiat
Canavese Group Fiat Group Cassino Fiat: 700 000
(Ferrari) Fiat Chivasso (Croma, Stilo, Punto,
Pininfarina Lancia Maranello Idea, Multipla)
Maranello
San Giorgio Alfa Romeo (Ferrari) Lancia:
Fiat Maserati Melfi (Y, Lybra, Musa, Thesis)
Canavese Ferrari Mirafiori Alfa Romeo:
Group
Modena (166, 147, 148, 156,
Pininfarina (Maserati) (Maserati) 159, 169, Brera, C-
Grugliasco Modena
Wolkswagen Pomigliano Cross Over,GT Coupe)
Fiat Termini Imerese Ferrari:
Group (355/456GT/550/FXX)
Bertone Group
(Lamborghini) Maserati:
Grugliasco Mirafiori (Quattroporte,Coupè
Sant’ Agata Cambiocorsa; ITCA
Fiat Bolognese Fiat body-in-whites)
Group Group
Cassino
Fiat Melfi
Group
Pomigliano Volkswagen Sant’ Agata Lamborghini : 1 500
Group Bolognese (Gallardo,
Lamborghini Murcielago)
Increased competition and continuous price reductions is moving Fiat’s production abroad and switching its loyalty with its Italian suppliers towards a higher dependence on suppliers from countries with lower
costs.
Globalization
Fiat’s new chief executive Sergio Marchionne has ended the company’s traditional strategy of pinning its hope to the next new car. Fiat will
now try to compete in more market segments by creating a larger range of models.
This fragmentation of market leads to the need of using common platforms for various models in order to create flexibility. Suppliers will
thus have to be able to deliver whole modules to car factories.
Fragmentation
of market
11
urce: STC, Interviews
CONTENT
Passenger Cars
Commercial Vehicles
Suppliers
Recommendations
References
12
ITALIAN PRODUCTION OF COMMERCIAL
VEHICLES WHICH IS HEAVILY DOMINATED BY
LIGHT TRUCKS
Commercial IS INCREASING
Vehicle Production in Development the last 5 years
Italy
Vehicl
350000 es
After an exceptional, and statistically distorting,
300000 beginning of the 21st century because of fiscal
stimulations the Italian production of commercial
250000 vehicles has since the slight downturn in 2003
been steadily increasing for more natural reasons
200000 Overall the increase in production from 2003
reached 6 % (CAGR 2 %).
150000 The increase is driven by strong performance of
light trucks whose production boomed in 2004
100000 growing with 4,6 %.
The increase is in part explained by the strong
50000
performance of Fiat and Iveco depending on
0 successful releases of new models (especially by
penetrating more segments of the LCV market)
2001 2002 2003 2004 2005 and a very aggressive marketing policy.
Light Trucks Heavy Trucks Buses The increase has also been driven by domestic
demand because of Italian companies need to
renew obsolete car fleets.
13
rce: STC, Interviews, ANFIA, UNRAE
THE ITALIAN PRODUCERS FIAT AND IVECO BOTH
MAKES PURCHASE DECISIONS AT HEADQUARTERS IN
TURIN
Manufacturer Employe Business Purchasing decisions
es
IVECO 31.511Light HQ, Turin, Italy
(Fiat Group) Commercial
Vehicles, Heavy
Trucks, Busses
Commercial
vehicles
production
volumes
In order to achieve economies of scale and to share fixed costs the industry has been consolidating
The most significant example is that Irisbus, formerly a joint venture between Iveco and Renault, is now a
wholly owned subsidiary of Iveco (Fiat Group).
Consolidation
of market
Today not only the large companies are looking for flexible, individualized solutions; even medium
sized businesses are increasingly looking for customized financing deals, particularly when it comes to
Customized leasing solutions.
services
16
urce: STC, Interviews
CONTENT
Passenger Cars
Commercial Vehicles
Suppliers
Recommendations
References
17
THERE ARE ABOUT 1 700 AUTOMOTIVE
SUPPLIERS IN ITALY
- But the medium size of companies
Italian automotive suppliers
is rather of
Geographical concentration
automotive suppliers
small
Totally there are about 1 700 suppliers to
the automotive industry active on the
Italian market.
The suppliers are located in the northern
parts of Italy, close to the HQ of Fiat Auto
and the most important car plants:
Close to a third of all suppliers are based in
the region of Piedmont where Turin and the
HQ of Fiat is located.
The Italian suppliers are generally small or
medium sized companies:
The average number of employees for an
Italian supplier is about 70
The largest Italian suppliers to the
automotive industry are Pirelli, Sogefi,
Brembo and Magnetti Marelli.
Traditionally Italian suppliers are especially
strong in engineering and design.
Low High
Electrical systems
Interior equipment Propulsion Body Running gear
Cables, bus systems, Cockpit, seats, dash- Power train, exhaust Body, roof, glass, Suspension, brakes,
embedded systems board, air conditioning systems, engines
doors, lighting etc. axles, steering, tires
Magneti Marelli Lear Corporation Magneti Marelli Magneti Marelli Sistemi
Sistemi Elettronici Automotive
Delphi Italia Powertrain Sospensioni
Delphi Italia Automotive Systems Delphi Italia Lighting Rear Sogefi
Automotive Systems Valeo Lamps Italia
Automotive Systems Pirelli Tyre
Valeo
Intier Dayco Europe (Magneti Carraro
T.R.W Automotive Italia Fiamm Automotive Marelli) Brembo
S.p.A Batteries Lear Delphi Italia Automotive
Johnson Controls Italia
Corporation Systems
T.R.W Automotive Italia
Valeo
Bosch -Tecnologie Diesel e
Sistemi Frenanti
Source: Anfia,interviews 19
TIER ONE SUPPLIERS: DETAILED INFORMATION (1/2)
Suspensions components.
Lear Corporation 3.000Seat systems, electronic Grugliasco
products and air-conditioning,
20
urce: Kompass, interviews
TIER ONE SUPPLIERS: DETAILED INFORMATION (2/2)
21
urce: Kompass, interviews
FOR STRATEGIC REASONS THE T1 SUPPLIERS
ARE MOSTLY FOUND NEAR THE HQs AND
PLANTS OF THE OEMs Tolmezzo
Curno Automotive Lighting Rear
Brembo Lamps Italia (Magneti Marelli)
22
Source: STC
MANY T2 SUPPLIERS ARE SMALL, LOW VALUE
ADDING FIRMS THAT FACE HARD COMPETITION
FROM LOW-COST COUNTRIES
T2 SUPPLIERS
(examples of the largest ones)
Electrical systems
Interior equipment Propulsion Body Running gear
Cables, bus systems, Cockpit, seats, Power train, Body, roof, glass, Suspension,
embedded systems doors, lighting etc.
dash-board, air exhaust systems, brakes, axles,
ITT Industries
conditioning engines Automotive steering, tires
Friction Products Lightning Italia
ASK Industries
Gammastamp Fonderie Gruppo Sogefi
Rear Lamps
Conceria Mario (Magneti Marelli) Metelli
Pasubio Mazzucconi Olsa Federal Mogul
SKF Industrie
Federal Mogul Operations
Metelli Operations Italy Italy
Ufi Filters Sila Holding
Industriale
23
Source: Anfia, Automobil Cluster
TIER TWO SUPPLIERS: DETAILED INFORMATION (1/2)
Friction
Products
24
e: Anfia, Automobil Cluster, Kompass
TIER TWO SUPPLIERS: DETAILED INFORMATION (2/2)
25
Source: Anfia, Automobil Cluster
ITALIAN SUPPLIERS HAVE DIVERSIFIED THEIR
CUSTOMER BASE, AND SPECIALISED THEIR PRODUCT
PORTFOLIOS Trends within the Italian automotive
supplier industry
Many Italian automotive suppliers have traditionally had Fiat Group as their
single client. There is now a clear tendency for suppliers to diversify their
Customer portfolio customer portfolio with non-Italian customers.
diversification Italian suppliers are now performing very well because of increasing exports and
less dependence on Fiat Group.
26
urce: STC, interviews
CONTENT
Manufacturers
Suppliers
Recommendations
References
27
THE ITALIAN PRODUCTION OF CONSTRUCTION
EQUIPMENT TOTALS ABOUT SEK 43 BILLION
- the industry grew with more than 8% in 2005
billion Production machine and construction
SEK vehicles in Italy Road Equipment SEK 3
40 billion
Concrete Equipment
30 SEK 6 billion
29
Source: UCoMESA , Anima
CONSTRUCTION EQIPMENT OEMs: DETAILED
INFORMATION (1/2)
Manufactur Business Turnover Employe Plant Purchasing
er es decisions
(EUR m)
CNH (Fiat Escavators, skid steer € 9 796 m 2.704 Modena HQ, Modena, Italy
Group) loaders, backhoe loaders
Astra Veicoli Dump-trucks, tractors € 211 m 480 Piacenza HQ, Piacenza, Italy
Industriali
Merlo Telescopic handlers € 195 m 500 Cervasca HQ, Cervasca, Italy
Marini Asphalt pavers, paver € 85 m 370 Alfonsine HQ, Alfonsine, Italy
finishers, cold milling
planers etc
Bitelli Asphalt pavers and cold € 75 m 265 Minerbio HQ, Minerbio, Italy
(Caterpillar planers
Italia)
Terexlift Lifting platforms € 50 m 130 Umbertide HQ, Umbertide, Italy
Alfonsine
Marini
Cervasca Minerbio
Merlo Bitelli
Piacenza Cesena
Marchetti Autogru Soilmec
Astra Veicoli Industriali Modigliana
Poviglio Macmoter
Amoc Veba Umbertide
Mode Terexlift
na
CNH
Fiori
32
CONTENT
Manufacturers
Suppliers
Recommendations
References
33
MOST OF THE ITALIAN SUPPLIERS TO THE
CONSTRUCTION EQUIPMENT OEMs ARE SMALL
AND MEDIUM SIZED COMPANIES
SUPPLIERS
(examples of the largest ones)
Propulsion
Electrical systems and running Steel construction Hydraulics Accessories
gear
Cables, sensors, semi Power train, engines, Undercarriage and body All kind of hydraulic cylinders All kind of accessories
conductors, control units
exhaust systems, axles
Siemens Vdo SKF Italia Italscania SpA Bosch Rexroth Berco SpA
Trading Cararro SpA Perlini C.A.M.I Cobo
Robert Bosch International
Bosch Rexroth Hydrocontrol Case del Sedile
SAIM Europe Srl Homberger Isringhausen
Safim SpA Webasto product
Italy
34
Source:STC, interviews
CONSTRUCTION EQUIPMENT SUPPLIERS:
DETAILED INFORMATION (1/2)
SKF Italia 3649 Propulsion and running gear HQ, Turin, Italy
35
rce: STC, Kompass, interviews
CONSTRUCTION EQUIPMENT SUPPLIERS:
DETAILED INFORMATION (2/2)
36
rce: STC, Kompass, interviews
THE SUPPLIERS TO THE CONSTRUCTION
EQUIPMENT OEMs ARE CONCENTRATED
AROUND MILAN IN THE Brescia
Varese
REGION OFTrento
LOMBARDY
Isringhausen Cobo Italscania
Milan Padova
Siemens Vdo Trading C.A.M.I.
Robert Bosch Carraro
Webasto Product Italy
Bosch Rexroth Verona
Saim Perlini International
Ferrara
Turin Berco
SKF Itallia
Modena
Genua Casa del sedile
Homberger Safim
Bologna
Hydrocontrol
37
urce: STC, interviews
THE GROWTH OF THE ITALIAN PRODUCTION OF
CONSTRUCTION EQUIPMENT IS EXPECTED TO CONTINUE
- In large parts based on increasing foreign demand
Trends within the Italian Construction
In 2005 the ItalianEquipment industry
production of construction machinery increased with more than 7.5 %. In the
coming years a further growth is foreseen, relying on a steady demand both from the Italian
market (thanks to the realization of large construction projects) and from foreign markets.
Continuous growth in
produced volumes
Italian companies have been losing market shares to Asian producers, who are pushing down general
price levels.
In order to meet the competition Italian companies are working on differentiating their product
Increasing competition offering and increasing the quality of the after sales service.
from far east countries
38
urce: STC, interviews
CONTENT
Recommendations
References
39
WHEN DOING BUSINESS IN ITALY LOCAL
PRESENCE CAN MANY TIMES PROVE TO BE A
GREAT ADVANTAGE
Country specific recommendations for doing
business in Italy
Local presence
important
The value chain in Italy is often fragmented. Many actors are involved in the distribution network and the use of local agents can often be an effective way to reach the end customer.
Fragmented value
chains
Forming a company in Italy is a very bureaucratic process and assistance in this process is highly recommended.
Deals with agents and distributors should be overseen by legal adviser since regulations differ a lot from Swedish practise.
Be prepared that time of payment is among the longest in Europe. Italian customers will be resistant to accepting a time of payment under
60 days; this should be considered when negotiating with the Italian counterpart.
Late payments
40
urce: STC, interviews
THE ITALIAN AUTOMOTIVE INDUSTRY IS LOOKING
FOR SUPPLIERS COMPETITIVE IN BOTH PRICE AND
TERMS OF DELIVERY
Industry specific recommendations for doing business with the
Italian automotive industry
Lead time and frequency of delivery are important selection criteria. Supply-mix flexibility and sequenced-in-line supply
capabilities are also key success factors when competing for doing business with Italian automotive companies.
Delivery
Local presence with manufacturing-, logistics- (e.g. warehouse) or commercial premises as close as
possible to the customer’s manufacturing plants or purchase decision centres can be a key selection
Closeness to criterion when the Italian automotive company chooses supplier.
customer
41
urce: STC, interviews
CONTENT
Recommendations
References
42
STC IN ITALY CAN SUPPORT SWEDISH
COMPANIES IN ALL ACTIVITIES FROM MARKET
ANALYSIS TO BUSINESS START-UP
Evaluation of market characteristics and market potential.
Identification and evaluation of business opportunities, customers and sales channels.
Analysis of, and benchmark with, established competitors.
Identification of possible trade laws and regulations affecting the specific product or service.
Market
analysis
Partner search
Business start-
up
43
Source: STC
STC IN ITALY HAS A VAST EXPERIENCE OF
HELPING SWEDISH FIRMS DOING BUSINESS WITH
THE ITALIAN AUTOMOTIVE INDUSTRY
Examples of Swedish companies STC in Italy have worked with
on the Italian market
COMPANY PROFILE
Manufacturer of vehicle
racking systems for service
vans.
Producer of aftermarket
body panels.
Developer of electronic
systems and software for
automobiles, trucks and
buses.
44
Source: STC