Tag: Magna

Infotainment: Shell allows payment on the dashboard

From the summer of 2018, Chevy owners can use the infotainment screen to pay for the gas they want to tap from the fuel pump. It is not possible without getting out, but the system is without Smartphone available. April 20, 2018, 7:11 am, Andreas Donath Petrol in the car pay at Shell (Image: Shell)… Continue reading Infotainment: Shell allows payment on the dashboard

News Release – Magna Opens New Body & Chassis Plant in Mexico

Please click HERE for a PDF version of the release. Facility to produce structural welded assemblies for global automakers Currently employs 400, expected growth to approximately 1,000 Gives Magna 32 facilities and more than 28,000 employees in Mexico AURORA, Ontario, April 19, 2018 (GLOBE NEWSWIRE) — Magna executives were joined by Governor Juan Manuel Carreras… Continue reading News Release – Magna Opens New Body & Chassis Plant in Mexico

Magna International opens a new plant in Mexico

April 19 (Reuters) – Canadian auto parts supplier Magna International said on Thursday it has added a new manufacturing unit in San Luis Potosí, Mexico. The company said the 189,000 square foot facility will make structural welded assemblies for automakers like BMW and Mercedes-Benz. The unit employs 400 people and will have 1,000 employees at… Continue reading Magna International opens a new plant in Mexico

Mapillary Raises $15m in Funding

Mapillary, a Malmö, Sweden-based street-level imagery platform, powered by collaboration and computer vision, raised $15m in funding. The round was led by BMW i Ventures, with participation from Samsung Catalyst Fund and NavInfo and previous investors Atomico, Sequoia, PlayFair, and LDV Capital. The company intends to use the funds to continue to expand the team,… Continue reading Mapillary Raises $15m in Funding

Magna Steyr to develop smart EV architecture for China’s BAIC Group

The agreement was signed on April 8 in Beijing between Günther Apfalter, president, Magna Europe and Magna Steyr, and Xu Heyi, chairman of BAIC Group. The BAIC Group (Beijing Automotive Industry Holding Co) of China and Magna have announced that they will jointly develop a next-generation smart electric vehicle architecture for the Chinese market. China… Continue reading Magna Steyr to develop smart EV architecture for China’s BAIC Group

News Release – Magna to Develop Electric Vehicle Architecture for BAIC Group

Please click HERE for a PDF version of this release. • Joint program for next generation of EV architecture• Magna to enhance its relationship with one of China’s largest OEMs • First project with BAIC Group to support their electrification strategy BEIJING, April 9, 2018 — BAIC Group (Beijing Automotive Industry Holding Co., Ltd.) and Magna… Continue reading News Release – Magna to Develop Electric Vehicle Architecture for BAIC Group

News Release – Magna Forms Joint Venture in China to Support Growing Composite Liftgate Market

Please click HERE for a PDF version of the release. Deal signed with Guangzhou Automobile Group Co., Ltd. (GAC) subsidiary Enables mass production of composite liftgates for fast-growing market Further expands Magna’s China footprint SHANGHAI, China, April 02, 2018 (GLOBE NEWSWIRE) — As the market for crossovers and sport utility vehicles continues to grow in… Continue reading News Release – Magna Forms Joint Venture in China to Support Growing Composite Liftgate Market

Magna to undertake full vehicle development for VinFast

Asia represents one of the strongest growing automotive markets in the world, and Magna International has further strengthened its presence in the region through a cooperation agreement to provide complete vehicle engineering and development services for VinFast Manufacturing and Trading Company of Vietnam. Magna’s complete vehicle team has responsibility for the full vehicle development of two… Continue reading Magna to undertake full vehicle development for VinFast

Press Release – Magna Provides Engineering Expertise to New Automaker VinFast

Please click HERE for a PDF version of the release. Complete vehicle development for two models Advanced engineering methods reduce development time to 12 months Vehicles will be built at the VinFast production plant in Haiphong, Vietnam SHANGHAI, China, March 29, 2018 (GLOBE NEWSWIRE) — Asia represents one of the strongest growing automotive markets in… Continue reading Press Release – Magna Provides Engineering Expertise to New Automaker VinFast