Magna International Inc.


All the very latest information about Magna International Inc. in one place. The latest Magna International Inc. business news, analysis, comment and interviews, all from our automotive industry experts at just-auto.

Latest insights


RESEARCH SNAPSHOT: Active grille shutter market

5 July 2016

The aim of an active grille shutter (AGS) is to respond to the driving environment in order to reduce drag and improve fuel economy. During motorway driving, for example, the louvres would close thereby pushing the air around the vehicle to improve aerodynamics. If the car is towing a load or slow moving in traffic, the louvres would remain open to help maintain the best engine temperature.  Given that an increasing number of cars now have an AGS, here is our round-up of the market.


THE WEEK THAT WAS - The internet of what, now....?

18 March 2016

You gotta love the way buzzwords and jargon spread like a Californian wildfire around the auto industry. I'd heard 'the Internet of Things' mentioned with ever-growing frequency in the months before hearing it in almost every presentation during my fascinating, week-long look at the [buzzwords alert] Connected Car sector in Ontario late last year.


RESEARCH SNAPSHOT: Mirrorless cars

17 February 2016

Given that wing mirrors add weight, cost and wind resistance to the car, it is not surprising that some automakers wish to eliminate them thereby creating a sleeker look.  As suppliers anticipate a change to mirror regulations, many are developing mirrorless systems using vehicle mounted cameras and dashboard monitors. Here is our snapshot of who is doing what..


January 2016, management briefing (Part 2)

26 January 2016

The second part of this month’s briefing reviews just some of the supplier autonomous driving innovations that caught our eye in the consumer electronics show (CES) and Detroit auto show this month. While they may not be household names, the likes of Autoliv, Bosch, Continental, Delphi, Denso, Magna, Valeo, Visteon and ZF TRW will heavily influence how your autonomous car will perform. Here, the tech talk is on sensor fusion (critical for self-driving cars), connectivity and vehicle-to-everything. In the meantime, semi-autonomous technologies are becoming more affordable thereby paving the way for mass-vehicle market growth.

Latest interviews


Magna Exteriors on appeal of carbon fibre - Q&A

1 June 2016

Until recently, the use of carbon fibre in car manufacture has been confined to high-end, low-volume vehicles. Joe Laux, Magna Exteriors director advanced engineering, tells just-auto why demand from OEMs for the lightweight material is now growing.


Magna Electronics’ product director on ADAS - Q&A

23 March 2016

On a freeway close to Magna’s North American headquarters in Troy, Michigan, we got the opportunity to observe the supplier’s advanced driver assistance technologies in action. When the moment was right – and lanes clearly marked - our driver, Chris Van Dan Elzen, Global Product Director, Far Field Driver Assistance Systems, Magna Electronics took his hands off the steering wheel and let the Cadillac ATS steer itself.  With the demo car safely parked up, Matthew Beecham learned more about such novelties and what else is in the pipeline.


Magna Steyr President on smart production - Q&A

16 March 2016

Continuing just-auto's series of interviews with global component manufacturers, Matthew Beecham spoke to Karl-Friedrich Stracke, President Fahrzeugtechnik & Engineering of Magna Steyr about its smart factory, lightweighting and what makes a good acquisition target. Magna Steyr is a major engineering and manufacturing partner to automakers.


Magna CTO on self-driving, cyber security & Stadco

15 March 2016

Magna International develops and manufactures an array of automotive systems, assemblies, modules and components, as well as being the world’s largest brand-independent assembler of complete vehicles. Matthew Beecham caught up with Swamy Kotagiri, Chief Technology Officer, Magna International to learn more about the supplier’s technologies, from ADAS to the use of certain materials for lightweighting.

Latest news


Magna signs agreement to acquire closures supplier

26 September 2016

Magna International said it had signed a purchase agreement to acquire the BÖCO Group of Companies, an automotive supplier of latches, hinges and strikers, to help bolster its product portfolio and engineering capabilities in key regions.


Magna accelerates work on active aerodynamics

21 September 2016

With global automakers continuing to address the challenge of increasing fuel economy and reducing carbon emissions in their vehicles, Magna International has accelerated its development work in active aerodynamic systems, an innovative technology it says is "designed to help auto manufacturers clear regulatory hurdles".


BMW contracts some new 5 series assembly to Magna

15 September 2016

Magna International said it would manufacture the new 5 Series sedan for the BMW Group at its contract vehicle assembly facility in Graz, Austria.


just-auto Plus only JLR breaks ground for new plant in Slovakia

15 September 2016

Jaguar Land Rover has started construction of its new manufacturing facility in Slovakia. The ground breaking ceremony was attended by prime minister Robert Fico and Andy Garth, UK ambassador to Slovakia. Jaguar Land Rover continues to lead the automotive...


just-auto Plus only Grupo Antolin supplies door panels for Dodge RAM

13 September 2016

Grupo Antolin completed one year of acquisition of the interiors division of Magna on 31 August, 2016. As a result of this operation the company has become one of the main vehicle interior suppliers with a workforce of more than 28,000 people in 161 factories...


Magna supplies drivetrain/cameras to S-Max Vignale

7 September 2016

Magna International said it was supplying Ford with S-Max Vignale componnets including the Eyeris electronic vision system and a transmission made by recently acquired subsidiary Getrag.


China NEVs can go global - ex-Hyundai India chief

10 August 2016

Former India Hyundai president, BVR Subbu, says China has real export potential with its burgeoning expertise in the field of new energy vehicles [NEVs].


just-auto Plus only Magna International Q2 2016 sales surge 16%

8 August 2016

Magna International, on 5 August 2016, reported financial results for the second quarter ended 30 June, 2016. Sales: Q2 2016 - $9,443m; Q2 2015 - $8,133m; YTD 2016 - $18,343m; YTD 2015 - $15,905m Adjusted EBIT: Q2 2016 - $789m; Q2 2015 - $677m; YTD 2016 -...


Magna rejects TRC's unsolicited mini-tender offer

18 July 2016

Canada's Magna International said it had received notice of an unsolicited 'mini-tender' by TRC Capital Corporation to purchase up to 2,500,000 shares (0.63%) at CDN$41.85 (US$32.33) per share, a discount of 13.9% on the 14 July closing price on the Toronto exchange of CDN$48.63.


Linamar talks with Apple and Google

20 June 2016

Canada-based auto components maker Linamar has said it has held discussions with Apple and Google (Alphabet) about potentially supplying parts to them if they decide to make cars.


China suppliers must keep business focus - Magna

10 June 2016

Magna says suppliers in China need to focus on the fundamentals of business, and not be too swayed by technology, as component manufacturers face the 'new normal' of a market slowdown, a major industry player said this week.


Magna advises Chinese through local R&D centre

10 June 2016

Magna has been invited to advise Chinese authorities through the China Automotive Technology and Research Centre (CATARC).


Chinese EV growth will challenge suppliers - Magna

9 June 2016

Magna reckons the anticipated significant growth in China's new electric vehicle (NEV) makers will present 'huge challenges' as suppliers look to provide the necessary components.


just-auto Plus only Magna Liberec facility wins a PSA Best Plant Award

9 June 2016

Magna International Inc. announces that its manufacturing division in Liberec, Czech Republic, has received the 2016 PSA Best Plant Award for its outstanding performance in manufacturing, quality and efficiency.  The PSA Best Plant Award recognizes...


just-auto Plus only Magna Brazil wins a supplier award from Honda

9 June 2016

Magna International announces that its manufacturing division in Sao Paulo, Brazil, has received the 2015 Honda Brazil Supplier Award for its outstanding performance in both the quality and delivery categories. The division supplies Honda with interior door...


Magna to build aluminium casting facility in UK

26 May 2016

Magna International has announced it will build a new world-class aluminium casting facility in Telford, UK, to support Jaguar Land Rover.


Magna opens Mexico exteriors facility

19 May 2016

Magna has opened its Exteriors Queretaro facility in Mexico, at a ceremony attended by State Governor, Francisco Dominguez Servien and other members of regional governments.


just-auto Plus only Magna bags a 2016 JEC Americas Innovation Award

17 May 2016

Magna International has been selected as a 2016 JEC Americas Innovation Award winner in the automotive category for the moulding process used in making carbon-fibre hoods for Cadillac. The award is based on criteria including technical excellence, working with...


Magna records Q1 net income up 8% to US$492m

6 May 2016

Magna has posted first quarter sales up 15% to US$8.9bn, with net income from continuing operations attributable to Magna International, increasing 8% to US$492m.


just-auto Plus only Magna Canada announces shareholder voting results

6 May 2016

Magna International announced voting results from its 2016 annual and special meeting of shareholders held on 5 May 2016. A total of 292,439,538 common shares or 73.37% of our issued and outstanding common shares, were voted in connection with the meeting....


just-auto Plus only Magna JV starts DCT production at its plant in China

28 April 2016

Magna International on 27 April 2016, announced that Dongfeng Getrag Transmission, a 50/50 joint-venture formed in 2012 between Getrag and Dongfeng Motor Group, has started serial production at its plant in Wuhan, China. The plant is manufacturing the Getrag...


Magna to acquire electronics provider Telemotive

25 April 2016

Magna has inked a purchase agreement to acquire Telemotive, an engineering service provider in the field of automotive electronics and, subject to regulatory approval, the transaction is expected to close in the second quarter of 2016.


just-auto Plus only Magna SmartLatch wins a 2016 Pace award

20 April 2016

General Motors sold 2.36m vehicles globally in the first quarter of 2016. The company delivered on its sales priorities, led by strong results in the SUV and luxury segments in China and retail performance in the US. “The quality of GM’s global...


just-auto Plus only Honda Japan honours Magna with good supplier award

13 April 2016

Magna International is pleased to announce that it has received the Good Supplier award from Honda Motor Company Japan in the Cost Performance category for its rearview cameras. The award was received by the Magna International Japan office in Tokyo....


Ontario grants C$1m for Formet Industries support

12 April 2016

Ontario State is providing automotive supplier, Formet Industries in St. Thomas with C$1m (US$0.8m) to develop new products and grow its business, creating 66 new jobs and retaining more than 1,300 positions.


just-auto Plus only Magna Weiz plant produces 200m MR4 mirror actuator since 1999

30 March 2016

Magna International announces that its division in Weiz, Austria, is celebrating a significant milestone, the production of 200m “MR4” mirror glass actuators, one of several glass actuator variants produced at the plant. “We are very proud...


Magna eyes more Russian suppliers

21 March 2016

Magna Automotive Rus says it is looking for reliable and flexible suppliers in the domestic market and uses a strict set of criteria to find what it is looking for.


just-auto Plus only GM honours Magna with 2015 supplier of the year award

15 March 2016

Magna International is pleased to announce it has received the 2015 General Motors Supplier of the Year award for driveline, lighting and mirrors. The 24th annual awards were given during ceremonies on March 10, 2016, in Detroit, Michigan. “We are...


Magna supplies Eyeris camera for FCA

11 March 2016

Magna says it is to supply its new Eyeris Generation 3.0 camera system for the 2016 Jeep Grand Cherokee, the first FCA US vehicle to feature the camera technology and for the 2017 Chrysler Pacifica.


Magna to open China Geely-Volvo seating facility

10 March 2016

Magna says it will open a new seating manufacturing facility in Taizhou, China, to supply the Geely-Volvo Car Group.

Magna International Inc. news

Magna signs agreement to acquire closures supplier

26 September 2016

Magna International said it had signed a purchase agreement to acquire the BÖCO Group of Com...


Magna accelerates work on active aerodynamics

21 September 2016

With global automakers continuing to address the challenge of increasing fuel economy and reducin...


BMW contracts some new 5 series assembly to Magna

15 September 2016

Magna International said it would manufacture the new 5 Series sedan for the BMW Group at its con...


just-auto Plus only JLR breaks ground for new plant in Slovakia

15 September 2016

Jaguar Land Rover has started construction of its new manufacturing facility in Slovakia. The gro...


just-auto Plus only Grupo Antolin supplies door panels for Dodge RAM

13 September 2016

Grupo Antolin completed one year of acquisition of the interiors division of Magna on 31 August,...


Magna supplies drivetrain/cameras to S-Max Vignale

7 September 2016

Magna International said it was supplying Ford with S-Max Vignale componnets including the Eyeris...



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