Automobili Pininfarina has confirmed that it will launch an all-electric hypercar in 2020 with racing technology taken from parent company Mahindra’s Formula E programme. The newly launched car brand, which is built from the base of renowned Italian design house Pininfarina and will be lead by former Audi India boss Michael Perschke, will launch the car as a halo… Continue reading New Pininfarina car brand to launch electric hypercar in 2020
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Pininfarina and Hybrid Kinetic Group to showcase one more concept at Auto China Show 2018: the electric SUV K350
Pininfarina and Hybrid Kinetic Group to showcase one more concept at Auto China Show 2018: the electric SUV K350 It will be presented together with the sedan H500, a further world debut, and the gran turismo HK GT Torino, April 12th 2018 – Following the presentation at 2017 Shanghai Motor Show of the five seater… Continue reading Pininfarina and Hybrid Kinetic Group to showcase one more concept at Auto China Show 2018: the electric SUV K350
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
New Lancia Stratos supercar images released
11th Mar 2018 6:00 am Manifattura Automobili Torino will build up to 25 units of its modern Stratos, based on the Ferrari 430; the supercar puts out 550hp and is expected in April 2018. The New Lancia Stratos is on display at the Geneva motor show before it is put into limited production by Manifattura… Continue reading New Lancia Stratos supercar images released
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
Magna celebrates two milestones in China
SHANGHAI, China, October 27, 2016, – Magna International Inc., celebrated start of mass production of the new 3rd generation dual-clutch transmission 7DCT300 at its joint venture plant with Jiangling Motors Co., Group in Nanchang.
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