Automotive industry company news
The Sorento must surely be one of Kia Motors’ most profitable vehicles, especially in Europe. British market prices now stretch beyond the G...
Jaguar Land Rover's announcement that it is planning a production plant at Nitra in Slovakia potentially raises its capacity by as much as 3...
| 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.
| 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.
| 8 Jun 2015
Continuing just-auto's series of research snapshots - pulled from its automotive research platform, QUBE - Matthew Beecham reviews some novel door component innovations, including the use of tropical plant material by Ford and a game changing latch from Magna.
| 1 Jun 2015
The rearview mirror has been transformed over the last decade into a high-tech electronic module, writes Matthew Beecham. Tomorrow’s mirrors will feature even more, including lights, cameras, displays and controls.
| 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.
| 29 Apr 2015
Continuing just-auto's series of interview with tier one component manufacturers, Matthew Beecham spoke to Olaf Bongwald, VP, Magna Electronics about rear view cameras, video cameras, mirrorless cars and the head-up display market.
| 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.
| 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.
| 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.
| 1 Sep 2015
Magna International has completed the sale of substantially all of its interiors operations to Grupo Antolin, as previously announced.
| 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.
| 25 Aug 2015
Magna is to showcase its Transformobility Exhibition at the Frankfurt Motor Show next month.
| 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.
| 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.
| 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.
| 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).
| 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.
| 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.
| 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.
| 11 Jun 2015
A former chairman of Toyota Canada is chairing a new committee to promote the province of Ontario to the automotive industry.
| 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.
| 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.
| 13 May 2015
Samsung SDI has held the opening ceremony to start operations of Samsung SDI Battery Systems (SDIBS) in Graz, Austria.
| 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.
| 5 May 2015
Magna International and Chongqing Xingqiaorui have agreed to form a strategic body in white joint venture in China.
| 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.
| 9 Apr 2015
Magna International's Louisville Seating Systems factory has achieved the production milestone of 1m sets of automobile seats. It started in April 2012 making seat sets for the Ford Escape, and has since expanded its customer base.
| 31 Mar 2015
Magna International is declining to comment on reports it is in negotiations to sell its interior operation to Grupo Antolin.
| 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.
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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