Automotive industry company news
Not unsurprisingly, given just-auto's audience, news from the supplier sector generated the most interest from readers this week. Topping th...
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...
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 with lightweight innovations to help reduce emissions as well as improve driver safety, comfort and communications. Matthew Beecham caught-up with executives from some of the world's leading component suppliers. In this second instalment, we take a look at the main IAA messages from Tenneco, Faurecia, Magna and Plastic Omnium.
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.
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.
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.
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.
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.
Magna International forecasts for 2016 and 2018 include a big increase in sales from contracted vehicle assemblies, reflecting a recent announcement of a deal with Jaguar Land Rover.
Tata Motors luxury vehicle unit Jaguar Land Rover booked a record 487,065 retail sales in 2015, up 5% year on year. It was the sixth successive year of growth with retails in 2015 more than double those in 2009.
European Commission officials have approved the acquisition of automotive transmissions specialist, Getrag by Magna International through the EU Merger Regulation, despite there being certain overlaps between both supplier’s activities.
Magna International is set to commence production at its two units in the Sanand auto cluster from the second week of December.
Magna International plans to set up an exteriors manufacturing factory in Greenville County, South Carolina to supply the local BMW plant.
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.
Agreement has been reached for Stadco Automotive Ltd., including its businesses in the UK and Germany, to be acquired by Magna International.
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 International says it will plough more than US$16m into its Mirror Systems Monterrey plant in Mexico, as a result of new business.
Magna International has completed the sale of substantially all of its interiors operations to Grupo Antolin, as previously announced.
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 is to showcase its Transformobility Exhibition at the Frankfurt Motor Show next month.
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 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.
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 says it has inked an agreement to acquire automotive transmissions supplier, Getrag Group in a deal worth EUR1.75bn (US$1.9bn).
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.
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-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.
A former chairman of Toyota Canada is chairing a new committee to promote the province of Ontario to the automotive industry.
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 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.
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.
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...
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...
Magna International, Inc. (Canada)
This report presents quick facts about Magna International, Inc., which is principally involved in Automotive Business....
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