Magna International’s decentralized operating culture reinvented itself in the past decade around innovation and technology.
Restructures joint ventures with Yanfeng, divests Recaro unit
The Toyota Land Cruiser has been rolling on—and off—streets in America for more than 50 years. And the Heritage Edition is a nice tribute.
In the middle of a long trip, motorists often feel the need to “stretch their legs” to relieve stiffness.
Refocuses efforts on ADAS and semi-autonomous tech
When you’re driving a super-expensive supercar, maybe you want something more than just traditional sideview mirrors. Gentex and Aston Martin are testing a new approach that provides camera-based views too.
Vietnam’s first local carmaker, 2-year-old VinFast, aims to do something no Chinese OEM has yet accomplished: launch sales in the U.S.
Self-driving-shuttle company May Mobility Inc. has raised $50 million in a Series B funding round led by Toyota Motor Corp.
Magna International Inc. swung to a third-quarter loss as revenue shrank, largely because of the protracted strike at General Motors Co. plants in North America.
When you’re talking about a 21-month development from design to production, you’re talking about blistering speed. And that’s what a startup has accomplished.
Magna International Inc. says it has received a long-term contract from BMW AG to supply dual-clutch transmissions for 150 of the carmaker’s model variants.
There is hope for the manual—but hybrids are gaining more traction.
Magna International Inc. has opened a factory in Shanghai to make integrated electric drive systems for Volkswagen AG vehicles built in China and Europe.
The National Highway Traffic Safety Administration says it will finally begin to test the safety of replacing traditional rearview mirrors with cameras.
Magna International Inc. posted a slight decline in revenue and a 28% drop in net income for the second quarter of 2019.
Magna International Inc. and China’s BAIC Group (Beijing Automotive Industry Holding Co.) have agreed on a framework for the electric vehicle joint venture they announced last summer.
Contract assembler Magna Steyr AG has opened a $1.4 billion paint shop in Slovenia to support its assembly plant in Graz, Austria.
If you’re an automotive supplier, you really need to see this show
Ford Motor Co. says it will reduce its European workforce by 20%, eliminating 12,000 jobs in the region by the end of next year.
Magna International Inc. says its new FreeForm seat trim cover can enhance comfort, packaging and design attributes.