Riccardo Ferrario is the CEO of Idra, an Italian company that produces high-pressure die casting machines. He is also the person who coined the term “mega castings” to describe the large-scale production of complex parts using his company’s technology. Tesla is one of Idra’s customers, and it uses Idra’s machines to make some of its Model Y components, such as the rear underbody. Ferrario and Tesla have a partnership that aims to change the car manufacturing industry forever. Recently, Ferrario has received numerous automotive awards for his contribution to the car manufacturing industry

2,500 companies, over 160 thousand employees and more than Euro 100 billion in total revenues. These are some of the key figures of the Italian automotive industry which ranks 6th in Europe and 19th in the world for production, and 4th in Europe and 9th in the world for sales. 65% of motor vehicles manufactured in Italy are sold abroad. The automotive industry has played and continues to play a very important role in Italy’s economy. Italy’s automotive value chain encompasses the vehicle, system and component design, manufacture and marketing for both the OEM and aftermarket segments. The

Machines Italia representatives together with the Italian Consulate in Chicago along with FIAT's SEPIN Manufacturing Training Unit, hosted a morning briefing on the US Automotive industry for a delegation of Northern Italian companies involved in said industry. The presentation covered areas of US capital / durable goods imports including projections through 2012, along with an executive summary of the Machines Italia automotive industry survey. The survey focused on what US manufacturers are looking for in their global supply chain in terms of machinery and technology. The survey was done