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.

Brands related to this company: Cosma

Latest news


Magna Q4 net income up 22% to US$456m

22 February 2019

Magna has revealed fourth-quarter net income up22% to US$456m, while sales rose 5% to USUS$10.1bn.


FCA names new purchasing and supply chain chief

9 January 2019

Fiat Chrysler Automobiles (FCA) has placed Carl Smiley in the new role of chief purchasing & supply chain officer and he started immediately.


Magna Q3 net income up 8% to US$554m

13 November 2018

Magna has recorded third-quarter net income up 8% to US$554m, due to what it says is a "substantially lower income tax rate."


Magna inks deal to buy Haptronik

26 October 2018

Magna has signed a deal to acquire Haptronik further investing in motion-control software and adding to the Canadian supplier's activities in mechatronics products.


Magna opens new Czech seating facility

11 October 2018

Magna has officially opened its new seating facility in Chomutov, Czech Republic, to support new BMW Group business.


Magna and Rohinni team on LED solutions

30 August 2018

Magna Electronics and Rohinni have formed a joint venture to produce ultra-thin micro LED lighting solutions .


Magna Q2 net income up 14% to US$626m

8 August 2018

Magna has posted second-quarter net income attributable to Magna International, up 14% to US$626m.


Magna Exteriors makes an impact with front-end modules

18 July 2018

What is a front-end module? It depends on who makes it and for whom. Front-end modules (FEMs) typically encompass the bumper, headlights, radiator and various others parts. The benefits to the automaker from sourcing complete FEMs are clear: they can help cut the number of operations on the assembly line, reduce vehicle weight, cut tooling costs and improve working capital. Continuing just-auto/QUBE’s series of interviews with component suppliers, we caught up with Rob Selle, Global Product Line Director, FEM, Fascia & Trim, Magna Exteriors, a front-runner serving the FEMs market.


Magna lifts the lid off the car roof systems market

9 July 2018

Magna covers the entire spectrum of vehicle roof systems. Continuing just-auto/QUBE’s series of interviews with tier one component suppliers, we caught up with Uwe Behrendt, Director Sales, Magna Closures & Magna Car Top Systems to discuss trends in sunroofs, convertibles, solar technology and alternative lightweight glazing.


Brexit - that’ll be the Daewoo 

25 June 2018

The automotive industry used to be awash with sub-contract manufacturers. Some will argue it still is - lots of Japanese vehicle assembly is carried out by affiliates for example, while kit operations in far flung countries are often managed by sub-contractors. However, they could also be categorised more as joint ventures with the OEM holding a minority share.


Magna and BAIC to jointly engineer and build electric vehicles in China

18 June 2018

Magna said it would form two new joint ventures with Beijing Electric Vehicle (BJEV) for complete vehicle manufacturing as well as engineering of electric vehicles.


Magna’s innovative fuel-efficient 48-volt products cut emissions

15 June 2018


Audi partners with SMA Solar and Hager to connect EVs to home infrastructure

14 June 2018


Magna and May Mobility to collaborate on self-driving shuttles

14 June 2018


BMW contracts redesigned Z4 build to Magna Steyr

6 June 2018

Magna Steyr said it had been contracted to build BMW's redesigned Z4 sportscar at its Graz, Austria, factory.


Magna develops new Comfort+ door latch for cars

24 May 2018


Renesas and Magna join over advanced ADAS systems

18 May 2018


Magna Steyr starts on Merc G-Class update

18 May 2018

Production of Daimler's updated Merc G-Class has started at contract assembler Magna Steyr in Graz, Austria.


US sanctions hit Porsche supervisory board nominee

14 May 2018

Porsche is postponing the appointment of Siegfried Wolf to the supervisory board of Porsche Automobil Holding SE (Porsche SE) set for confirmation at the AGM tomorrow (15 May 2018) in Stuttgart.


Magna announces record Q1 results

11 May 2018

Magna has posted record quarterly sales for the quarter ended March 31, revenue up 21% year over year to US$10.79bn.


Magna creates 300 UK jobs with opening of new aluminium castings plant

9 May 2018

Magna has opened its aluminium casting facility in Telford, England, to supply structural castings to Jaguar Land Rover creating 300 new jobs.


Magna Rus looks to country to escape 'hostages of Soviet past'

3 May 2018

Magna Automotive Rus purchasing says localising in Russia has an element of being 'hostage to its Soviet past as the country looks to reduce its dependence on overseas imports.


Magna and BHAP form new door module JV in China

27 April 2018

A new joint venture between Magna and Beijing Hainachuan Automotive Parts (BHAP) has been formed and has already netted new door module business for a German OEM in China.


Magna supplies solid-state LiDAR to BMW

27 April 2018

Magna has said that it - alongside partner Innoviz Technologies - will supply the BMW Group with solid-state LiDAR for upcoming autonomous vehicle production platforms.


Magna opens new body and chassis plant in Mexico

20 April 2018

Global supplier Magna has opened a new body and chassis manufacturing facility in San Luis Potosi, Mexico.


Magna with BAIC to develop smart EV architecture in China

10 April 2018


Magna/GACC to jointly produce liftgates in China

3 April 2018

Magna announced it has entered into a joint venture (JV) with GAC subsidiary, GAC Component (GACC), to begin production of composite liftgates for a global automaker's crossover vehicle starting in late 2018.


Magna opens first BMW seat supply factory

27 March 2018

Magna will supply seats to the BMW Group for the first time in the supplier's history.


Magna/Lyft to collaborate on self-driving systems

15 March 2018

Magna and rideshare firm Lyft have announced a multi-year collaboration in which the companies will jointly fund, develop, and manufacture self-driving systems. In addition, Magna will invest US$200m in Lyft equity. The establishment of this partnership is subject to regulatory approval.


Magna opens new Composites Centre of Excellence in Germany

8 March 2018

Magna says its new Composites Centre of Excellence in Esslingen, Germany, aims to help European automakers meet increasingly stringent emissions requirements with lightweight structures and exterior components made of advanced materials.

1

3

...

11

Magna International Inc. news

Magna Q4 net income up 22% to US$456m

22 February 2019

Magna has revealed fourth-quarter net income up 22% to US$456m, while sales rose 5% to USUS$10.1b...


FCA names new purchasing and supply chain chief

9 January 2019

Fiat Chrysler Automobiles (FCA) has placed Carl Smiley in the new role of chief purchasing &...


Magna Q3 net income up 8% to US$554m

13 November 2018

Magna has recorded third-quarter net income up 8% to US$554m, due to what it says is a "subs...


Magna inks deal to buy Haptronik

26 October 2018

Magna has signed a deal to acquire Haptronik further investing in motion-control software and add...


Magna opens new Czech seating facility

11 October 2018

Magna has officially opened its new seating facility in Chomutov, Czech Republic, to support new...


Magna and Rohinni team on LED solutions

30 August 2018

Magna Electronics and Rohinni have formed a joint venture to produce ultra-thin micro LED lightin...



Forgot your password?