Tag: Magna

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

Jaguar I-Pace First Edition 2018 first drive

For a while I watch others drive, noting the reluctance of this long wheelbase, ultra low-centre of gravity car to roll its body, or slide, or do anything very much except squeal its tyres in extremis and go where it is steered. It does indeed change direction brilliantly – you can see that with the… Continue reading Jaguar I-Pace First Edition 2018 first drive

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

Magna to showcase expertise in complete vehicle manufacturing at Geneva Motor Show

Magna is to showcase its expertise in complete vehicle manufacturing at the upcoming Geneva Motor Show (Hall 6, Booth 6261). Magna is the only automotive contract manufacturer worldwide to produce vehicles with conventional, hybrid and electric powertrains – in some cases, all on the same production line. According to Günther Apfalter, president, Magna Europe &… Continue reading Magna to showcase expertise in complete vehicle manufacturing at Geneva Motor Show

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.

News Release – Geneva Motor Show: Magna Offers Unique Expertise in Complete Vehicle Manufacturing

Please click HERE for a PDF version of the release. Magna’s exhibit located in Hall 6, Booth 6261 Only contract manufacturer to produce vehicles with different powertrains on a single production line Networked smart factory provides efficient and competitive operations SAILAUF, Germany, Feb. 26, 2018 (GLOBE NEWSWIRE) — Magna International helps shape future mobility across… Continue reading News Release – Geneva Motor Show: Magna Offers Unique Expertise in Complete Vehicle Manufacturing

Press Release – Magna Announces Fourth Quarter and 2017 Results and Raises Quarterly Cash Dividend by 20%

Please click HERE for a PDF version of the release. Fourth Quarter 2017 Highlights Record sales of $10.4 billion, up 12% from the fourth quarter of 2016 Record diluted earnings per share of $1.53, an increase of 23% Cash from operations of $1.4 billion Returned $461 million to shareholders through share repurchases and dividends Raises… Continue reading Press Release – Magna Announces Fourth Quarter and 2017 Results and Raises Quarterly Cash Dividend by 20%