Author: Magna International Official News

Press Release – Magna Posts 2017 Annual Report

Please click HERE for a PDF version of the release. AURORA, Ontario, March 28, 2018 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) today announced that its 2017 Annual Report, including Management’s Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company’s website, www.magna.com. … Continue reading Press Release – Magna Posts 2017 Annual Report

News Release – Magna Celebrates Grand Opening at South Carolina Seat Facility

Please click HERE for a PDF version of the release. First BMW Group seat programs in Magna’s history Plant to expand, create additional jobs Magna’s fourth manufacturing plant in South Carolina AURORA, Ontario, March 26, 2018 (GLOBE NEWSWIRE) — For the first time in its history Magna will supply seats to the BMW Group. Company… Continue reading News Release – Magna Celebrates Grand Opening at South Carolina Seat Facility

Press Release – Magna and Lyft Announce a Multi-Year Partnership to Develop and Manufacture Self-Driving Systems at Scale

Please click HERE for a PDF version of the release. Magna and Lyft will fund and develop self-driving systems Co-developed self-driving systems can be deployed on the Lyft network as well as for the entire automotive industry The partnership will benefit from data generated by the 5+ billion miles traveled per year on the Lyft… Continue reading Press Release – Magna and Lyft Announce a Multi-Year Partnership to Develop and Manufacture Self-Driving Systems at Scale

News Release – Magna Launches New Composites Center of Excellence in Germany

Please click HERE for a PDF version of the release. Brings advanced composites and carbon fiber expertise to European market Develops lightweight structural and exterior components Enables joint development projects with European automakers SAILAUF, Germany, March 07, 2018 — Magna’s new Composites Center of Excellence in Esslingen, Germany, aims to help European automakers meet increasingly… Continue reading News Release – Magna Launches New Composites Center of Excellence in Germany

News Release – First-Ever All-Electric Jaguar Unveiled at Magna

Please click HERE for a PDF version of the release. World premiere of the Jaguar I-PACE Magna is only contract manufacturer that can build vehicles across a range of propulsion systems Second Jaguar model that will be built by Magna GRAZ, Austria, March 02, 2018  — Magna’s complete vehicle manufacturing facility in Graz, Austria, hosted… Continue reading News Release – First-Ever All-Electric Jaguar Unveiled at Magna

News Release – Magna to Hold Investor Day

Please click HERE for a PDF version of the release. AURORA, Ontario, Feb. 27, 2018 (GLOBE NEWSWIRE) — On Wednesday, February 28, 2018, Magna International Inc. (TSX:MG) (NYSE:MGA), a technology company and global leader in the automotive industry, will hold an Investor Day event.  Magna management will present on the state of the company, how… Continue reading News Release – Magna to Hold Investor Day

MAGNA BECOMES BIGGEST SUPPLIER OF MANUAL TRANSMISSIONS FOR LIGHT COMMERCIAL VEHICLES IN EUROPE

,” 3,500 square meters expansion accommodates new Light Commercial Vehicle (LCV) business The new facility to produce additional 150,000 transmissions per year, This makes Magna the largest supplier in Europe of manual transmission for the LCV segment Growth is a testament to expertise in transmissions

Magna is on board of the Ford S-Max: Global market leader supplies drivetrain and cameras

SAILAUF, GERMANY, 22 August 2016 – Magna International Inc. has equipped the new Ford S-MAX Vignale with innovative technologies. The sophisticated sports activity vehicle comes with the EYERIS® electronic vision system and a transmission made by recently acquired subsidiary GETRAG.