La TSX accepte l’avis d’intention de faire une offre publique de rachat dans le cours normal des activités

AURORA, Ontario, 15 nov. 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX : MG, NYSE : MGA) a annoncé aujourd’hui que la Bourse de Toronto (« TSX ») avait accepté son avis d’intention de faire une offre publique de rachat dans le cours normal des activités (l’« avis »). Conformément à l’avis, Magna peut acheter jusqu’à 28 445 000 actions ordinaires de Magna (« l’offre »),… Continue reading La TSX accepte l’avis d’intention de faire une offre publique de rachat dans le cours normal des activités

TSX akzeptiert Absichtserklärung zum Rückkauf von Aktien im Rahmen eines NCIB

AURORA, Ontario, Nov. 15, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA) hat heute bekannt gegeben, dass die Toronto Stock Exchange („TSX“) die Absichtserklärung des Unternehmens zum Rückkauf von Aktien im Rahmen eines NCIB (die „Erklärung“) akzeptiert hat. Gemäß der Erklärung kann Magna bis zu 28.445.000 Magna-Stammaktien (das „Angebot“) erwerben. Dies entspricht… Continue reading TSX akzeptiert Absichtserklärung zum Rückkauf von Aktien im Rahmen eines NCIB

TSX Accepts Notice of Intention to Make Normal Course Issuer Bid

AURORA, Ontario, Nov. 09, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange (“TSX”) had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the “Notice”). Pursuant to the Notice, Magna may purchase up to 28,445,000 Magna Common Shares (the “Bid”), representing approximately… Continue reading TSX Accepts Notice of Intention to Make Normal Course Issuer Bid

Magna Announces Third Quarter 2022 Results

Sales increased 17% to $9.3 billion, compared to a global light vehicle production increase of 24% Excluding foreign currency translation and acquisitions net of divestitures, sales increased 27% Diluted earnings per share and adjusted diluted earnings per share increased to $1.00 and $1.07, respectively, compared to $0.04 and $0.56 last year Returned $305 million to… Continue reading Magna Announces Third Quarter 2022 Results

Magna’s 48-Volt Hybrid Transmission System Started Production With Stellantis

Magna’s 48-Volt hybrid dual-clutch transmission made its debut on the Jeep Renegade and Compass e-Hybrid, Fiat 500 X and Tipo Production taking place in Magna’s Slovakia facility Agreement includes additional hybrid models in the future for Europe AURORA, Ontario, Oct. 26, 2022 (GLOBE NEWSWIRE) — Magna’s 48-Volt hybrid transmission hit the market on the Jeep… Continue reading Magna’s 48-Volt Hybrid Transmission System Started Production With Stellantis

Q3-2022 Results Conference Call

AURORA, Ontario, Oct. 06, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA)   Q3-2022 RESULTS CONFERENCE CALLFRIDAY – NOVEMBER 4, 20228:00 AM ET               DIAL IN NUMBERS     North America:International:Webcast:   1-800-926-50681-416-620-9188www.magna.com     Slide presentation will be available on our website prior to the call.    … Continue reading Q3-2022 Results Conference Call

Magna’s Industry-First Thermoplastic Rear Swing Doors Hit the Market

Thermoplastic swing doors launch on Volkswagen’s ID. Buzz First-to-market technology increases styling flexibility and brand differentiation 20 to 30 percent lighter than equivalent steel solutions SAILAUF, Germany, Sept. 19, 2022 (GLOBE NEWSWIRE) — With the mobility transformation in full swing, Magna continues to deliver key technologies that address trends toward vehicle accessibility. Its latest innovation,… Continue reading Magna’s Industry-First Thermoplastic Rear Swing Doors Hit the Market

Magna Enters Micromobility Market: Investing in Yulu and Creating Battery-Swapping Business

$77 million investment opens door to fast-growing micromobility market Battery-swapping service unlocks new business model for Magna Opportunity to advance sustainable urban mobility in India AURORA, Ontario, Sept. 11, 2022 (GLOBE NEWSWIRE) — Mobility technology company Magna is expanding into the fast-growing micromobility market by investing $77 million in Yulu, India’s largest electrified shared mobility… Continue reading Magna Enters Micromobility Market: Investing in Yulu and Creating Battery-Swapping Business

Magna and Cartken to Collaborate on Autonomous Delivery Robots

Magna to scale Cartken’s autonomous delivery robots Production at a Magna facility in Michigan Additional models and different use-applications expected off same platform AURORA, Ontario and OAKLAND, Calif., Sept. 07, 2022 (GLOBE NEWSWIRE) — Global mobility technology company, Magna, and San Francisco-based autonomous robotics company, Cartken, announced today an agreement for Magna to manufacture Cartken’s… Continue reading Magna and Cartken to Collaborate on Autonomous Delivery Robots

Magna Returns to NAIAS 2022 With All Its Power

Demonstrating its capabilities in electrification, ADAS and new mobility First public display of Magna EtelligentForce, electrified pickup truck technology Announcement planned for press preview day on September 14, 2022 AURORA, Ontario, Aug. 29, 2022 (GLOBE NEWSWIRE) — The 2022 North American International Auto Show (NAIAS) is returning with its first-ever indoor-outdoor fall show and Magna… Continue reading Magna Returns to NAIAS 2022 With All Its Power