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.

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Latest news


Magna breaks ground for Hummer parts plant

23 February 2021

Magna announced it had broken ground on a new manufacturing facility in St. Clair, Michigan, that will build complex battery enclosures for General Motors' upcoming 2022 GMC Hummer EV.


Magna Q4 sales up 12% to US$10.6bn

22 February 2021

Magna has recorded fourth-quarter sales up 12% to US$10.6bn.


just-auto Plus only Magna announces fourth quarter 2020 results

22 February 2021


Auto Shanghai - Geely Xingyue L world debut

19 February 2021

The latest addition to just-auto's list of global premieres for 2021's biggest motor show is the Xingyue L, the now officially revealed name of Geely's forthcoming KX11 SUV.


New Year brings new CEO for Magna

6 January 2021

Magna’s Board of Directors announced the appointment of Swamy Kotagiri as Magna’s next Chief Executive Officer, effective January 1, 2021.


Magna to develop ADAS with Fisker

5 January 2021

Magna has confirmed that it is collaborating with Fisker to develop an Advanced Driver Assistance System (ADAS), which will be applied to the Fisker Ocean SUV that is expected to launch in late 2022.


LG/Magna team for powertrain electrification expansion

23 December 2020

LG Electronics and Magna have announced a joint venture to manufacture e-motors, inverters and on board chargers as well as, for certain automakers, related e-drive systems.


Magna launches 'one box' ADAS

24 November 2020

Magna said "a premium automaker in Europe" will soon be able to offer industry-leading driver assistance features across a larger portion of its vehicle lineup, thanks to the supplier's next generation of camera based driver assistance.


just-auto Plus only Magna reports third quarter 2020 results

23 November 2020


Fisker and Magna hit pre-prod milestone

17 November 2020

Fisker and Magna International say they have completed the Preliminary Product Specification (PPS) gateway, a key engineering and purchasing milestone for the Fisker Ocean SUV.


Magna records Q3 net income of US$405m

6 November 2020

Magna has posted third-quarter net income of $405m compared to a loss of US$233m in the same period last year.


just-auto Plus only Magna’s CLEARVIEW camera monitoring system to launch in 2022

28 October 2020


Fisker plumps for Munich as Europe HQ

27 October 2020

Fisker has chosen Munich as the location for its European headquarters.


just-auto Plus only Magna names Seetarama (Swamy) Kotagiri chief executive officer

21 October 2020


Magna inks platform deal for Fisker Ocean SUV

16 October 2020

Magna has signed agreements with Fisker providing the framework for a platform sharing and manufacturing cooperation for the Fisker Ocean SUV.


VW family silver on the block - report

18 September 2020

VW Group reportedly is set to sell Bugatti to Rimac of Croatia.


Magna deepens partnership With Honglizhixin

4 September 2020

Magna has signed an agreement to acquire majority ownership of Honglizhixin, a seat supplier to Chinese automakers.


Magna breaks ground on Slovakia powertrain plant

26 August 2020

Magna is expanding its powertrain business with a new facility in Kechnec, Slovakia, the first powertrain metal-forming solutions plant for the company in Europe.


Magna books substantial losses

10 August 2020

Magna International reported financial results for the second quarter and first half ended 30 June, 2020 with significant operating losses, as expected.


Magna secures six GM Supplier of the Year Awards

6 July 2020

Magna is hailing the fact it received six awards from General Motors at the automaker's annual supplier recognition event.


INEOS Automotive unveils Grenadier 4x4

1 July 2020

INEOS Automotive has revealed the exterior design of the Grenadier, its upcoming, 'no-nonsense 4×4 vehicle for the world'.


Magna expands US seat manufacturing plant

24 June 2020

Magna is to up its investment at its Highland Park (Michigan) seat manufacturing facility, investing US$35.4m and creating 480 jobs.


Magna Seating starts Aleksinac production in Serbia

9 June 2020

Magna Seating has started production in a new brownfield plant in the Serbian municipality of Aleksinac.


First 'social distance' Range Rover comes off Solihull line

20 May 2020

The first Range Rover made under new social distancing measures drove off the production line at Tata Motors owned Jaguar Land Rover's assembly plant in Solihull, England, today (20 May) following the recent temporary pause in production due to the coronavirus pandemic.


Magna Q1 sales down 18% to US$8.7bn

11 May 2020

Magna has reported first-quarter sales down 18% to US$8.7bn in the light of the coronavirus crisis.


just-auto Plus only Magna announces first quarter 2020 financial results

11 May 2020


just-auto Plus only Magna showcases electrified drive systems in a pure EV format

8 April 2020


Are suppliers better placed than OEMs to make ventilators?

26 March 2020

COVID-19  has  created  a  sudden  dramatic  need  for  ventilators  in  the world's healthcare  system.


just-auto Plus only Power to the people – Q&A with Magna Powertrain

10 March 2020


just-auto Plus only Next generation of electric vehicle powertrain systems – Q&A with Magna

10 March 2020

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Magna International Inc. news

Magna breaks ground for Hummer parts plant

23 February 2021

Magna announced it had broken ground on a new manufacturing facility in St. Clair, Michigan, that...


Magna Q4 sales up 12% to US$10.6bn

22 February 2021

Magna has recorded fourth-quarter sales up 12% to US$10.6bn. Full-year 2020 sales fell 17% to...


just-auto Plus only Magna announces fourth quarter 2020 results

22 February 2021

Magna International Inc reported financial results for the fourth quarter and year ended December...


Auto Shanghai - Geely Xingyue L world debut

19 February 2021

The latest addition to just-auto's list of global premieres for 2021's biggest motor show is the...


New Year brings new CEO for Magna

6 January 2021

Magna's Board of Directors announced the appointment of Swamy Kotagiri as Magna's next Chief Exec...


Magna to develop ADAS with Fisker

5 January 2021

Magna has confirmed that it is collaborating with Fisker to develop an Advanced Driver Assistance...



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