MAGNA DUAL-CLUTCH TRANSMISSION HELPS LOWER EMISSIONS AND IMPROVE DRIVING DYNAMICS

SAILAUF, Germany, Jan., 29th 2018 Stricter emission legislation has become one of the major challenges for global car manufacturers. To help achieve these emission goals and to improve the dynamic driving experience, Magna will support the BMW Group´s large-volume transverse vehicle platform (UKL) with its third generation dual-clutch transmissions (DCT), the GETRAG 7DCT300. BMW Group´s… Continue reading MAGNA DUAL-CLUTCH TRANSMISSION HELPS LOWER EMISSIONS AND IMPROVE DRIVING DYNAMICS

News Release – Magna Debuts Active Air Dam on 2019 Ram Pickup

Industry-first high-volume active air dam Redirects airflow to reduce drag and improve fuel economy Smart actuators deploy the system automatically DETROIT, MI, Jan. 17, 2018 /PRNewswire/ – Magna showed its growing range of active aerodynamic systems at the North American International Auto Show in Detroit, with an active air dam launching on the 2019 Ram… Continue reading News Release – Magna Debuts Active Air Dam on 2019 Ram Pickup

Press Release – Magna Announces Outlook

Please click HERE for a PDF version of the release. Continuing to grow sales faster than vehicle production through 2020 Accelerating free cash flow1 in 2018-2020 period AURORA, ON, Jan. 16, 2018 /CNW/ – Magna International Inc. (TSX: MG; NYSE: MGA) today announced its financial outlook for 2018 and 2020.  “The pace of change in… Continue reading Press Release – Magna Announces Outlook

Magna Announces Outlook

Continuing to grow sales faster than vehicle production through 2020 Accelerating free cash flow1 in 2018-2020 period AURORA, ON, Jan. 16, 2018 /PRNewswire/ – Magna International Inc. (TSX: MG; NYSE: MGA) today announced its financial outlook for 2018 and 2020.  Don Walker, Magna’s Chief Executive Officer (CNW Group/Magna International Inc.) Vince Galifi, Magna’s Chief Financial… Continue reading Magna Announces Outlook

News Release – Magna Unveils High-Definition ICON RADAR – Scans Environment in Four Dimensions

Please click HERE for a PDF version of the release. Magna’s ICON RADAR evolves from advanced technology used by the U.S. military Achieves a range of more than 300 meters and scans the environment 50 times faster than the time it takes to blink an eye Next-gen radar has ultra-fine detection along with improved interference tolerance over… Continue reading News Release – Magna Unveils High-Definition ICON RADAR – Scans Environment in Four Dimensions

Magna Unveils High-Definition Icon Radar – Scans Environment in Four Dimensions

DETROIT, Jan. 15, 2018 /PRNewswire/ – Automakers now have a radar option that leapfrogs the competition as Magna unveiled its ICON RADAR at the North American International Auto Show (NAIAS). Setting a new standard in high-resolution automotive radar, ICON RADAR incorporates advanced technology used by the U.S. military to provide precise detection, extensive range and high… Continue reading Magna Unveils High-Definition Icon Radar – Scans Environment in Four Dimensions

BMW checks its first own plant in Russia

BMW is considering building a new plant in Russia. A possible location is Kaliningrad. The investment would be according to media reports several hundred million euros. BMW headquarters in Munich Monday, 09.10.2017 16:40 BMW is considering the construction of its first own plant in Russia. One possible location is Kaliningrad, the area on the Baltic… Continue reading BMW checks its first own plant in Russia

Innoviz Technologies Launches InnovizPro™, a High-Resolution, Solid-State Automotive LiDAR Solution Offering …

LAS VEGAS, Jan. 9, 2018 /PRNewswire/ — Innoviz Technologies, a leading provider of LiDAR sensing solutions, announced today the commercial launch of InnovizPro™, a stand-alone, solid-state, MEMS-based scanning LiDAR solution offering the most accurate and reliable performance of any LiDAR sensor available on the market today. A CES Innovation Awards winner in the Vehicle Intelligence… Continue reading Innoviz Technologies Launches InnovizPro™, a High-Resolution, Solid-State Automotive LiDAR Solution Offering …

CES 2018: Chinese Startup Byton Unveils $45,000 Gadget-Packed Electric SUV

The ghost of Faraday Future hovered over the glitzy launch of Byton’s electric, autonomous SUV at CES on Sunday. In 2017, Faraday Future’s billionaire boss Jia Yueting watched in horror as his supposedly self-driving FF91 car failed to park itself at its unveiling. That was just the start of a terrible year that saw Faraday… Continue reading CES 2018: Chinese Startup Byton Unveils $45,000 Gadget-Packed Electric SUV

News Release – Magna Collaborates with New Chinese Automaker NIO on Vehicle Launch

• Magna is uniquely qualified to support startups under China’s environmental plan• Supplying ES8 with aluminum body, chassis and the gearboxes for the electric drive system • Combines expertise in powertrains, body and structure, and lightweight materials Click here for the PDF version of the release. SHANGHAI, China, December 18, 2017 — As China’s environmental plan… Continue reading News Release – Magna Collaborates with New Chinese Automaker NIO on Vehicle Launch