Magna to Jointly Engineer and Build Premium Electric Vehicles for Customers in China

Forming two Joint Ventures with Beijing Electric Vehicle Co.Facility can support up to 180,000 annual vehicle capacityJV is capable of supporting the needs of additional customersSHANGHAI, China, June 18, 2018 (GLOBE NEWSWIRE) — Magna today announced its intention to form two new joint ventures with Beijing Electric Vehicle Co. Ltd (BJEV) for complete vehicle manufacturing… Continue reading Magna to Jointly Engineer and Build Premium Electric Vehicles for Customers in China

Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products

One of the auto industry’s first 48-volt mild-hybrid transfer casesAchieves up to 10% CO2 savings compared to a two-wheel drive systemCan be easily integrated into existing drivetrainsSAILAUF, Germany, June 14, 2018 (GLOBE NEWSWIRE) — Magna is on the fast track to vehicle electrification. With its all-new industry-leading 48-volt transfer case and an array of other… Continue reading Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products

Magna Develops Comfort+ Door Latch to Improve Door Quality and Cabin Quietness

Reduces effort needed to open and close a car door by 40-60 percentAllows increased sealing to create a quieter cabin – a key factor in driver satisfaction ratingsWill enter the market on future models with a European automakerAURORA, Ontario, May 23, 2018 (GLOBE NEWSWIRE) — For automakers, two key customer satisfaction considerations are the feel… Continue reading Magna Develops Comfort+ Door Latch to Improve Door Quality and Cabin Quietness

Press Release – Magna to Jointly Engineer and Build Premium Electric Vehicles for Customers in China

Please click HERE for a PDF version of the release. Forming two Joint Ventures with Beijing Electric Vehicle Co. Facility can support up to 180,000 annual vehicle capacity JV is capable of supporting the needs of additional customers SHANGHAI, China, June 18, 2018 — Magna today announced its intention to form two new joint ventures… Continue reading Press Release – Magna to Jointly Engineer and Build Premium Electric Vehicles for Customers in China

News Release – Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products

Please click HERE for a PDF version of the release. One of the auto industry’s first 48-volt mild-hybrid transfer cases Achieves up to 10% CO2 savings compared to a two-wheel drive system Can be easily integrated into existing drivetrains SAILAUF, Germany, June 14, 2018 — Magna is on the fast track to vehicle electrification. With… Continue reading News Release – Technology Game Changer: Magna’s 48-Volt Transfer Case Leads Array of CO2-Fighting Products

News Release – Magna and May Mobility Partner to Build, Deploy and Scale Self-Driving Shuttles

Please click HERE for a PDF version of the release. Collaboration in Southeastern Michigan to Make First Deployment in Downtown Detroit Possible ANN ARBOR, Mich., June 13, 2018 — Getting around in crowded city streets of America is about to get a little easier.  May Mobility, an Ann Arbor, Michigan startup building self-driving shuttles, has… Continue reading News Release – Magna and May Mobility Partner to Build, Deploy and Scale Self-Driving Shuttles

Magna and May Mobility Partner to Build, Deploy and Scale Self-Driving Shuttles

ANN ARBOR, Mich., June 13, 2018 (GLOBE NEWSWIRE) — Getting around in crowded city streets of America is about to get a little easier.  May Mobility, an Ann Arbor, Michigan startup building self-driving shuttles, has partnered with Magna (NYSE:MGA), a mobility technology company and one of the world’s largest automotive suppliers, to retrofit and scale… Continue reading Magna and May Mobility Partner to Build, Deploy and Scale Self-Driving Shuttles

News Release – Magna to Produce the New Z4 for the BMW Group

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

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