#MAGNA

How Magna Manages Transformation

February 10, 2020 at 9:21 AM

Magna International’s decentralized operating culture reinvented itself in the past decade around innovation and technology.

Adient Refocuses on Core Seating Business

January 31, 2020 at 10:13 AM

Restructures joint ventures with Yanfeng, divests Recaro unit

An OG of SUVs: the 2020 Toyota Land Cruiser Heritage Edition

January 21, 2020 at 7:00 AM

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.

JLR Aims to Reshape Seat Fitness

January 17, 2020 at 11:47 AM

In the middle of a long trip, motorists often feel the need to “stretch their legs” to relieve stiffness.

Magna Scales Back Autonomy Partnership with Lyft

January 16, 2020 at 3:37 PM

Refocuses efforts on ADAS and semi-autonomous tech

Gentex, Aston Martin Concept Takes Integrated Approach to Rear Vision

January 03, 2020 at 11:04 AM

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 Carmaker Takes Aim at U.S.

December 10, 2019 at 3:23 PM

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.

Toyota, BMW Increase Investment in May Mobility

December 04, 2019 at 3:23 PM

Self-driving-shuttle company May Mobility Inc. has raised $50 million in a Series B funding round led by Toyota Motor Corp.

Magna Posts Profit Losses, Lowers Outlook

November 08, 2019 at 4:32 PM

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.

VinFast and Digital Speed

November 05, 2019 at 12:13 PM

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 Wins Mega BMW Transmission Order

October 31, 2019 at 9:58 AM

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.

Transmissions for German OEMs

October 31, 2019 at 8:46 AM

There is hope for the manual—but hybrids are gaining more traction.

Magna Launches Electric Drive Factory in China

October 21, 2019 at 3:22 PM

Magna International Inc. has opened a factory in Shanghai to make integrated electric drive systems for Volkswagen AG vehicles built in China and Europe.

NHTSA to Test Swapping Cameras for Mirrors

August 28, 2019 at 1:46 AM

The National Highway Traffic Safety Administration says it will finally begin to test the safety of replacing traditional rearview mirrors with cameras.

Magna’s Second-Quarter Profits Fall 28%

August 08, 2019 at 12:09 PM

Magna International Inc. posted a slight decline in revenue and a 28% drop in net income for the second quarter of 2019.

Magna, BAIC Finalize China EV Partnership

July 25, 2019 at 11:01 AM

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.

Magna Opens $1.4 Billion Paint Shop in Slovenia

July 16, 2019 at 1:33 AM

Contract assembler Magna Steyr AG has opened a $1.4 billion paint shop in Slovenia to support its assembly plant in Graz, Austria.

The Future of the Auto Industry Really Is Now

July 15, 2019 at 6:00 AM

If you’re an automotive supplier, you really need to see this show

Ford Will Cut 12,000 Jobs in Europe by 2020

June 27, 2019 at 11:27 AM

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 Touts Flexible Seat Trim

June 14, 2019 at 1:47 PM

Magna International Inc. says its new FreeForm seat trim cover can enhance comfort, packaging and design attributes.