Magna
Magna seating plant opens in Serbia
Magna has opened its second seating products plant in the southern Serbian city of Aleksinac. It said the President of…
Magna cuts its sales outlook
Magna has revised down its 2021 sales outlook to reflect a deteriorating outlook for light vehicle production in North America…
Qualcomm and SSW Partners to acquire Veoneer
Qualcomm and SSW Partners, a New York-based investment partnership, today announced they had reached a definitive agreement to acquire Veoneer…
Magna Veoneer takeover a step closer
Magna International and Veoneer announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, or…
Veoneer provides update regarding discussions with Qualcomm.
Veoneer says it has received an updated non-binding proposal from Qualcomm providing for the acquisition of all the outstanding shares…
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Adaptive City Mobility teams with Magna
Adaptive City Mobility has entered into an agreement with a business unit of Magna to provide the first phase of…
LG Electronics and Magna finalise JV
LG Electronics and Magna International have signed the transaction agreement which establishes a joint venture between the two companies. The…
Veoneer remains a loss maker but is improving
Supplier Veoneer, which Magna is in the process of acquiring, remained loss-making in the first and second quarters of 2021.…
Magna buys Veoneer to boost ADAS offer
Magna announced it would acquire Veoneer, saying the latter's complementary products and capability would "strengthen and broaden" its ADAS product…
Magna wins six 2020 Supplier of the Year awards
Magna has received six 2020 Supplier of the Year awards from General Motors for the second year in a row.…