Magna International

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Latest Insights

Integrated Canadian test cells impress OEMs

It takes a fair bit to impress engineers from a major OEM but the boffins from a major Canadian university reckon they achieved that recentl...

Supplier messages from 2015 IAA

There is much more to the IAA in Frankfurt than a dazzling array of new cars. At the world's biggest auto show, suppliers' stands bristled w...

VEHICLE ANALYSIS: Sorento 2.2D & future Kia SUVs

Glenn Brooks | 17 Aug 2015

The Sorento must surely be one of Kia Motors’ most profitable vehicles, especially in Europe. British market prices now stretch beyond the GBP40,000 mark, which arguably makes the latest model a premium brand vehicle.

Slovakia plant could lift JLR over 1m a year

Calum MacRae | 13 Aug 2015

Jaguar Land Rover's announcement that it is planning a production plant at Nitra in Slovakia potentially raises its capacity by as much as 300,000 units a year. Calum MacRae considers the announcement in the context of the company's plant-model mix, its future growth strategy and outlines why the first model to be built in Slovakia could be the next Defender.

THE WEEK THAT WAS: Toyota's FCV cometh

Graeme Roberts | 24 Jul 2015

Toyota's GB's 50th birthday announcement it would launch the Mirai this September attracted a lot of interest on just-auto this week, as well it might.

THE WEEK: JLR returning to global manufacturing?

Graeme Roberts | 10 Jul 2015

Tata Motors' Jaguar Land Rover looks like it is slowly building up to a global manufacturing footprint that, at least a little, mirrors the spread achieved by its brands' one-time owner, British Leyland.

Latest Interviews

Q&A: Magna’s CTO on the autonomous car

Matthew Beecham | 2 Oct 2015

Continuing just-auto’s series of interviews with tier one component suppliers, Matthew Beecham caught up with Swamy Kotagiri, Chief Technology Officer of Magna International at the 2015 IAA to learn more about tomorrow’s car seating, cameras and sensors.

Q&A with Swamy Kotagiri, Magna International

Matthew Beecham | 12 Jan 2015

Continuing just-auto's series of interviews with global automotive component manufacturers, Matthew Beecham spoke to Swamy Kotagiri, executive vice president and chief technology officer of Magna International about the company's capabilities, including seats, convertible roof design and the use of new processes and materials in vehicle manufacture.

Latest News

Magna US exteriors factory to supply BMW

Graeme Roberts | 20 Oct 2015

Magna International plans to set up an exteriors manufacturing factory in Greenville County, South Carolina to supply the local BMW plant.

Magna produces 5m oil pumps for Fiat

Graeme Roberts | 12 Oct 2015

Magna International has announced that its powertrain manufacturing facility in Benevento, Italy, has reached a significant milestone: 5m oil pumps produced for the Fiat 1.4-litre engine since starting production in 2005.

Magna does deal to acquire Stadco

Dave Leggett | 2 Oct 2015

Agreement has been reached for Stadco Automotive Ltd., including its businesses in the UK and Germany, to be acquired by Magna International.

Ford’s Gen 2 S-Max to feature Magna camera systems

Dave Leggett | 16 Sep 2015

Magna International has announced that it is supplying front and rearview camera systems on the second-generation Ford S-Max, the first van to feature a comprehensive range of DAS technologies typically offered only in premium-class vehicles.

Magna expands Mexico Monterrey mirror plant

Simon Warburton | 4 Sep 2015

Magna International says it will plough more than US$16m into its Mirror Systems Monterrey plant in Mexico, as a result of new business.

Magna closes interiors sale to Grupo Antolin

Graeme Roberts | 1 Sep 2015

Magna International has completed the sale of substantially all of its interiors operations to Grupo Antolin, as previously announced.

Volkswagen names Magna a FAST partner

Graeme Roberts | 27 Aug 2015

Magna International has announced that its Magna Powertrain operating group was nominated by the Volkswagen Group as a 'Future Automotive Supply Tracks' (FAST) strategic partner for outstanding performance in manufacturing driveline systems for VW vehicles.

Magna to highlight future mobility at IAA

Simon Warburton | 25 Aug 2015

Magna is to showcase its Transformobility Exhibition at the Frankfurt Motor Show next month.

VW nominates 44 suppliers for collaboration

Simon Warburton | 10 Aug 2015

Volkswagen Group has nominated the first 44 suppliers who will be collaborating on a new common strategic level under the joint FAST (Future Automotive Supply Tracks) initiative.

Magna records Q2 sales down 9% to US8.1bn

Simon Warburton | 7 Aug 2015

Magna has posted second quarter sales down 9% to US$8.1bn with a weakening of certain currencies against the US dollar reporting currency, in particular the euro and Canadian dollar, having a significant negative impact.

JCI confirms auto exit as supplier eddies swirl

Simon Warburton | 24 Jul 2015

Johnson Controls has confirmed speculation circulating last month it was to divest its automotive business by announcing plans to spin off the division in around 12 months.

Magna to buy Getrag for US$1.9bn

Simon Warburton | 16 Jul 2015

Magna says it has inked an agreement to acquire automotive transmissions supplier, Getrag Group in a deal worth EUR1.75bn (US$1.9bn).

Magna Steyr to build vehicles for JLR

Dave Leggett | 3 Jul 2015

Jaguar Land Rover (JLR) has agreed a manufacturing partnership with Magna Steyr, an operating unit of Magna International Inc, to build some future vehicles in Graz, Austria.

Getrag in stake sale talks, possibly with Magna

Graeme Roberts | 2 Jul 2015

The family that owns German transmission specialist Getrag is in advanced talks to sell a stake in the company to a 'North American parts maker' which could be Magna International, a news agency reported.

Mercedes supply unit committed to stay in Russia

Simon Warburton | 18 Jun 2015

Mercedes-Benz Vans Russia's supply quality control unit says it does not make sense to "go in and out" of the troubled market, which is currently beset by myriad challenges stemming partly from international disapproval of what many see as Moscow's actions in Eastern Ukraine and de facto annexation of Crimea.

Auto chief to head Ontario province promotion

Graeme Roberts | 11 Jun 2015

A former chairman of Toyota Canada is chairing a new committee to promote the province of Ontario to the automotive industry.

Grupo Antolin sales increase 20.2% in Q1

Dave Leggett | 22 May 2015

Grupo Antolin sales during the first quarter of 2015 were EUR668.4m (US$743.42m), representing 20.2% increase over the same period last year.

Magna supplies AWD system to new Kia Sorento

Dave Leggett | 19 May 2015

Magna has said that it is supplying its 'intelligent Dynamax' all-wheel drive coupling on a global basis to power the all-wheel-drive (AWD) system of the all-new Kia Sorento.

Samsung SDI opens SDI Battery Systems in Graz

Simon Warburton | 13 May 2015

Samsung SDI has held the opening ceremony to start operations of Samsung SDI Battery Systems (SDIBS) in Graz, Austria.

Magna records Q1 net income of US$465m

Simon Warburton | 7 May 2015

Magna has posted first quarter net income of US$465m, up US$72m, on sales of US$8.33bn, down 7% to $631m.

Magna forming China BIW JV

Graeme Roberts | 5 May 2015

Magna International and Chongqing Xingqiaorui have agreed to form a strategic body in white joint venture in China.

Magna sells most of interior business to Antolin

Simon Warburton | 16 Apr 2015

Magna International says it has inked an agreement to sell substantially all of its interiors operations, excluding seating, to Grupo Antolin for US$525m.

Latest blogs

Metering expectations

Simon Warburton | 16 Jan 2014

Huge sheets of ice are progressing in a stately manner down the Detroit River outside the Cobo and with forecast of snow this afternoon, it will feel more like Michigan in January than yesterday's almost balmy temperatures.

Company research

Magna International, Inc. - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report

Magna International, Inc. - Mergers & Acquisitions (M&A), Pa

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organi...

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Magna International Inc. (MG) - Financial and Strategic SWOT Analysis Review

Magna International Inc. (MG) - Financial and Strategic SWOT

Magna International Inc. (Magna) is a global automotive supplier. The company is involved in developing and manufacturing technologically advanced automotive systems, assemblies, modules and component...

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Magna International, Inc. (Canada)

Magna International, Inc. (Canada)

This report presents quick facts about Magna International, Inc., which is principally involved in Automotive Business....

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