Board Chair, William L. Young, not standing for re-election Audit Committee Chair, Robert F. MacLellan, selected by Board to succeed as Board Chair in May Dr. Thomas Weber has been appointed to Board AURORA, Ontario, Feb. 11, 2022 (GLOBE NEWSWIRE) — Magna announced today upcoming changes to the leadership of its Board of Directors, ahead… Continue reading Magna Announces Board Leadership and Other Changes
Tag: Magna
Magna Announces Fourth Quarter 2021 Results and Outlook
Fourth Quarter 2021 Highlights Sales of $9.1 billion decreased 14%, compared to a 17% decrease in global light vehicle production Diluted earnings per share and Adjusted diluted earnings per share of $1.54 and $1.30, respectively, compared to $2.45 and $2.83 last year Returned $378 million to shareholders through share repurchases and dividends Raised quarterly cash… Continue reading Magna Announces Fourth Quarter 2021 Results and Outlook
Magna Lands Industry-First Award for Integrated Driver and Occupant Monitoring System
System solution fully integrates camera and electronics into the interior mirror Driver and in-cabin occupant monitoring achieved with a single camera Starts production in 2024 with German automaker AURORA, Ontario, Feb. 07, 2022 (GLOBE NEWSWIRE) — With the rapid global growth of advanced driver assistance systems (ADAS), driver monitoring is quickly becoming an important feature… Continue reading Magna Lands Industry-First Award for Integrated Driver and Occupant Monitoring System
Fisker announces Ocean EV will make its debut in Europe at Mobile World Congress in Barcelona, alongside EU expansion plans
American EV automaker Fisker Inc. announced its flagship Ocean SUV will make its official debut in Europe at Mobile World Congress in Barcelona, Spain. The annual trade show will take place from February 28 to March 3, and will give visitors a first chance to see the Fisker Ocean up close in Europe, ahead of… Continue reading Fisker announces Ocean EV will make its debut in Europe at Mobile World Congress in Barcelona, alongside EU expansion plans
Magna annonce la date de la conférence téléphonique portant sur ses résultats du 4e trimestre, la fin de l’exercice 2021 et les perspectives pour 2022
AURORA, Ontario, 24 janv. 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX :MG) (NYSE :MGA) MAGNA ANNONCE LA DATE DE LA CONFÉRENCE TÉLÉPHONIQUE PORTANT SUR SES RÉSULTATS DU 4E TRIMESTRE, LA FIN DE L’EXERCICE 2021 ET LES PERSPECTIVES POUR 2022 VENDREDI – 11 FÉVRIER 2022 8h00, heure de l’Est NUMÉROS À COMPOSER N° gratuit : 1-800-909-4145 International :… Continue reading Magna annonce la date de la conférence téléphonique portant sur ses résultats du 4e trimestre, la fin de l’exercice 2021 et les perspectives pour 2022
Magna gibt Termin für Telefonkonferenz zu den Ergebnissen des vierten Quartals und Jahresendes 2021 sowie den Ausblick für 2022 bekannt
AURORA, Ontario, Jan. 24, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA GIBT TERMIN FÜR TELEFONKONFERENZ ZU DEN ERGEBNISSEN DES VIERTEN QUARTALS UND JAHRESENDES 2021 SOWIE DEN AUSBLICK FÜR 2022 BEKANNT FREITAG – 11. FEBRUAR 2022 08:00 UHR (EASTERN TIME) EINWAHLNUMMERN Gebührenfrei: +1-800-909-4145 International: +1-416-981-9023 Webcast: www.magna.com Die Präsentation steht vor der Webkonferenz… Continue reading Magna gibt Termin für Telefonkonferenz zu den Ergebnissen des vierten Quartals und Jahresendes 2021 sowie den Ausblick für 2022 bekannt
Sony seeks new partners for transformative EV project -executive
Sony seeks partners to make cars into entertainment spaces Transformation of cars similar to rise of smartphones TOKYO, Jan 21 (Reuters) – Sony Group (6758.T) will likely add new technology partners to its electric vehicle (EV) project to help it forge a mobility business to transform cars from transportation machines to entertainment spaces, a Sony… Continue reading Sony seeks new partners for transformative EV project -executive
Magna Announces Date for Q4 & Year End 2021 Results and 2022 Outlook Conference Call
AURORA, Ontario, Jan. 17, 2022 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA ANNOUNCES DATE FOR Q4 & YEAR END 2021 RESULTS and 2022 OUTLOOK CONFERENCE CALL FRIDAY – FEBRUARY 11, 2022 8:00 AM ET DIAL IN NUMBERS Toll-Free: 1-800-909-4145 International: 1-416-981-9023 Webcast: www.magna.com Slide presentation will be available on our website prior to… Continue reading Magna Announces Date for Q4 & Year End 2021 Results and 2022 Outlook Conference Call
Magna acquires tech, hires engineers of autonomous vehicle startup Optimus Ride
Magna has acquired the technology, IP and assets of Optimus Ride, a startup based in Boston that was trying to commercialize electric autonomous shuttles. As part of the deal announced Tuesday, Magna has hired more than 120 employees of Optimus Ride. The financial terms of the agreement were not disclosed, Optimus Ride CEO Sean Harrington… Continue reading Magna acquires tech, hires engineers of autonomous vehicle startup Optimus Ride
Magna Adds More Than 120 Engineers, Strengthens ADAS Capabilities
Majority of Optimus Ride engineering team joins Magna Bolsters Magna’s expertise in advanced sensing technologies Adds engineering center in Boston area AURORA, Ontario, Jan. 11, 2022 (GLOBE NEWSWIRE) — Magna has added more than 120 employees of Optimus Ride, a provider of autonomous vehicle and mobility solutions located in Boston, to enhance Magna’s capabilities in… Continue reading Magna Adds More Than 120 Engineers, Strengthens ADAS Capabilities