Please click HERE for a PDF version of the release. BMW Z4 marks the fifth vehicle nameplate Magna is producing in Graz, Austria, for customers Production will start at the end of 2018 Magna’s unique capabilities make it an ideal mobility partner SAILAUF, Germany, June 05, 2018 (GLOBE NEWSWIRE) — Magna adds to its contract… Continue reading News Release – Magna to Produce the New Z4 for the BMW Group
Author: Magna International Official News
Magna to Produce the new Z4 for the BMW Group
BMW Z4 marks the fifth vehicle nameplate Magna is producing in Graz, Austria, for customersProduction will start at the end of 2018Magna’s unique capabilities make it an ideal mobility partnerSAILAUF, Germany, June 05, 2018 (GLOBE NEWSWIRE) — Magna adds to its contract vehicle manufacturing line-up in Graz, Austria, with the addition of the new BMW… Continue reading Magna to Produce the new Z4 for the BMW Group
News Release – Magna Develops Comfort+ Door Latch to Improve Door Quality and Cabin Quietness
Please click HERE for a PDF version of the release. Reduces effort needed to open and close a car door by 40-60 percent Allows increased sealing to create a quieter cabin – a key factor in driver satisfaction ratings Will enter the market on future models with a European automaker AURORA, Ontario, May 23, 2018… Continue reading News Release – Magna Develops Comfort+ Door Latch to Improve Door Quality and Cabin Quietness
News Release – Magna’s “Powertrain Meets Future” Drivetrain Forum Brings Industry Together
• Magna hosts 7th annual Drivetrain Forum• Event showcases latest powertrain developments • Magna demonstrates comprehensive systems expertise Please click HERE for a PDF version of the release. SAILAUF, Germany, May 18, 2018 — In the coming years, there could be up to 48 variations of powertrain architectures available. Additionally, legislative requirements for CO2 emissions, changing… Continue reading News Release – Magna’s “Powertrain Meets Future” Drivetrain Forum Brings Industry Together
News Release – Renesas and Magna Bring Advanced Safety Features to More Vehicle Segments and Customers
Cost-Efficient 3D Surround View System for Mass-Produced Vehicles Please click HERE for the PDF of the release. TOKYO, Japan, AURORA, Canada, May 17, 2018 ―Renesas Electronics Corporation (TSE: 6723), an industry-leading supplier of automotive semiconductor solutions, and Magna, a mobility technology company and one of the world’s largest automotive suppliers, aim to accelerate the mass… Continue reading News Release – Renesas and Magna Bring Advanced Safety Features to More Vehicle Segments and Customers
Press Release – Magna Announces Record First Quarter Results
Please click HERE for a PDF version of the release. Record quarterly sales, up 21% year over year to $10.79 billion Record quarterly diluted earnings per share of $1.83, increased 21% Cash provided from operating activities of $577 million, up 26%, a first quarter record Paid dividends of $118 million and returned $103 million to… Continue reading Press Release – Magna Announces Record First Quarter Results
News Release – Magna Opens New Aluminum Casting Facility in the U.K.
• New facility to supply structural castings to Jaguar Land Rover• Aluminum structural castings help reduce vehicle weight and complexity• 225,000-square-foot facility, employing approximately 300 people Please click HERE for a PDF version of the release. SAILAUF, Germany, May 8, 2018 – Magna has opened an aluminum casting facility in Telford, England, which will supply… Continue reading News Release – Magna Opens New Aluminum Casting Facility in the U.K.
Press Release – Annual Meeting of Shareholders and Notice of Conference Call for First Quarter 2018 Results
Please click HERE for a PDF version of the release. AURORA, Ontario, April 27, 2018 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) ANNUAL MEETING OF SHAREHOLDERS THURSDAY – MAY 10, 2018 10:00 AM ET HILTON TORONTO/MARKHAM SUITES CONFERENCE CENTRE 8500 Warden Avenue, Markham, Ontario, Canada Webcast: www.magna.com FIRST QUARTER 2018… Continue reading Press Release – Annual Meeting of Shareholders and Notice of Conference Call for First Quarter 2018 Results
News Release – Magna Wins LiDAR Business With BMW Group
Please click HERE for a PDF version of the release. One of the first serial production contracts for solid-state LiDAR Supports up to L4 and L5 self-driving systems across multiple vehicle platforms Solid-state LiDAR from Innoviz Technologies meets automotive standards in a compact size and at a competitive cost AURORA, Ontario, April 26, 2018 (GLOBE… Continue reading News Release – Magna Wins LiDAR Business With BMW Group
News Release – Magna and BHAP Create Joint Venture to Supply Door Modules to Automakers in China
Please click HERE for a PDF version of the release. JV has been awarded door modules business with German OEM New facility planned for the Beijing area 100 new jobs expected, production to begin in 2021 BEIJING, April 26, 2018 (GLOBE NEWSWIRE) — A new joint venture between Magna and Beijing Hainachuan Automotive Parts Co.,… Continue reading News Release – Magna and BHAP Create Joint Venture to Supply Door Modules to Automakers in China