#MAGNA

Economics

Magna Sales Set Records for Fourth Quarter, Full Year

Magna International Inc. saw its revenue climb 12% to a record US$10.4 billion in October-December and 7% to a record $38.9 billion in calendar 2017.
#Magna

Hybrid

Renault Joins European EV Charging Network

Renault SA has joined the recently formed E-Via Flex-E consortium that aims to open a network of fast-charging stations for electric vehicles across southern Europe.
#BMW #Audi #Ford

Assembly

Magna Manufacturing the Mercedes G-Class

This is a 1979 Mercedes-Benz G-Class, the first year the model appeared with its Schwarzeneggerian robustness, which happens to be incased in a block of amber-colored resin:   Unlike the insects that are sometimes found encased in actual amber, objects that you can hold in your hand, this object measures 5.50 meters long, 2.55 meters wide and 3.10 meters high.
#MercedesBenz #oem #Daimler

Autonomous Vehicles

Magna Touts Next-Gen Radar

Magna International Inc. says its new Icon radar technology is faster, more accurate and can assess more objects than current automotive radar.
#tech #Magna

Business

Magna Forms Four Global Product Groups

Canadian mega-supplier Magna International Inc. is realigning its management structure into four global product lines to buttress its strategic response to industrywide shifts in personal mobility.
#Magna

Toyota Undecided on Name for Supra Replacement

Toyota Motor Corp. hasn’t decided if it will use its historic Supra name for its version of the new sports car the company is co-developing with BMW AG.
#Magna #asia #BMW

Hybrid

Jaguar May Beat Audi, Porsche to Market with Electric SUV

Jaguar Land Rover Ltd. appears likely to be first among Europe’s luxury car makers to launch an all-electric SUV to compete with Tesla Inc.’s Model X crossover vehicle.
#Porsche #europe #Tesla

Australia’s Auto Production Goes Down Under

Say goodbye to car production in Australia.
#Volkswagen #Mazda #GeneralMotors

Mobility

Augmented-Reality Head-Up Display Developer Named Top Startup

Organizers of the AutoMobility LA conference have selected WayRay, a Lausanne, Switzerland-based developer of holographic augmented reality head-up display systems, as the winner of its Top Ten Automotive Startups award.
#SAIC #Microsoft #Porsche

Economics

Magna’s Revenue Climbs 7%, but Profits Stall

Magna International Inc. says its third-quarter revenue grew to US$9.5 billion from $8.8 billion in the same period last year.
#Magna

Autonomous Vehicles

Tech Watch 11/2018

Regular, even casual, readers of this space, or any space dedicated to technology underpinning self-driving vehicles, know one thing: LiDAR is hot right now.  
#Fiat #OSRAM #Delphi

Auto’s Moon Shot

Automakers and suppliers are increasingly partnering with each other, competitors, tech companies and startups to reduce costs and ensure they have the proper expertise and resources to develop the necessary technologies needed for next-generation vehicles.
#GeneralMotors #Ford #BMW

Business

Reports: Conti to Buy Argus Cyber Security

Continental AG is expected to acquire Tel Aviv -based Argus Cyber Security Ltd., a developer of anti-hacking technology for connected cars, according to Israeli media reports.
#Magna #Continental

Plastics

Magna Adds Twist to Welding

Magna International Inc. has begun using a new torsional welding process that the company says can reduce the cost and weight of joining plastic parts.
#Skoda #Magna #tech

Electronics

Magna, Polestar and More

Magna is an automotive supplier. But it is a Tier One supplier unlike many others.
#HP #Geely #MercedesBenz

Business

Magna Teams with SAIC Unit to Make Electric Drives in China

Magna International Inc. has formed a joint venture with SAIC Motor Corp.’s Huayu Automotive Systems unit to produce electric-drive propulsion systems in China.
#SAIC #Magna #asia

Autonomous Vehicles

Craftsmanship, Autonomy and a Transformed Industry

Dr. Rose Ann Ryntz, vice president, Advanced Development and Material Engineering, IAC, thinks that the autonomous transformation isn’t going to happen quite as soon as some think (and probably in Europe before the U.S.), but when it does, there will be non-trivial changes to the structure of the auto industry.
#MercedesBenz #Lexus #Magna

Hybrid

Remaining Relevant

At the end of August, when people are, one would imagine, getting ready to squeeze the last drops of summer out before it gives way to the workaday existence that pretty much characterizes fall, I was the recipient of an incredible number of announcements that all focused on advances in automotive technology.
#Cummins #MINI #NVIDIA

Autonomous Vehicles

Magna Joins Autonomous-Car Coalition

Canadian mega-supplier Magna International Inc. has joined a consortium launched last year by BMW, Intel and Mobileye to commercialize a top-level autonomous driving system controller by 2021.
#Intel #Magna #Delphi

Aluminum

Magna Opens Aluminum Casting Plant in Alabama

Magna International Inc.’s Kamtek unit has opened a 150,000-sq-ft aluminum casting facility at its Birmingham, Ala., complex.
#Magna #Nissan #Volkswagen