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


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.


just-auto Plus only Magna to open new seating manufacturing facility in China

10 March 2016

Magna International announced today that it will open a new seating manufacturing facility in Taizhou, China, to supply Geely's Volvo Car Group. Construction is already underway in the Jiju District of Taizhou and is set to be completed by mid-2016. The...


just-auto Plus only FCA US vehicles to feature Magna's Eyeris camera system

10 March 2016

Magna International, a leader in camera-based advanced driver assistance systems (ADAS), announced today that it is supplying its new Eyeris Generation 3.0 camera system for the 2016 Jeep Grand Cherokee, the first FCA US vehicle to feature this new innovative...


just-auto Plus only Grupo Antolin opens its eighth plant in Mexico

8 March 2016

On 3 March 2016, in Tlaxcala (Mexico), Grupo Antolin opened its eighth plant in the country, in which the headliners, doors, pillars and seat backs for the new Audi Q5 will be manufactured. Furthermore, it is also expected it could accommodate other projects...


Currency weakness sees Magna sales fall 7%

26 February 2016

Magna has posted sales down 7% to US$32.1bn for the year ended 31 December, with the weakening of certain currencies against the US dollar reporting currency, in particular the euro and Canadian dollar, having a significant negative impact.


just-auto Plus only Magna and W Motors to showcase Lykan HyperSport at Geneva show

26 February 2016

As one of the only automotive suppliers in the world with complete vehicle manufacturing capabilities, Magna International, together with its customer, W Motors SAL, will showcase the Lykan HyperSport supercar at the upcoming 86th Geneva International Motor...


Magna trials new ridesharing app in Michigan

24 February 2016

Magna International is launch a pilot rideshare programme with SPLT and will offer it to 1,700 employees who commute to four of its southeast Michigan locations.

Magna International Inc. news

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 burgeoni...


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...


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&#...


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 re...


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...


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 swaye...



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