Magna Mirrors Wins Pace Award
AURORA, ON, April 24, 2012 /PRNewswire/ – Magna International, the world’s most
diversified automotive supplier, announced today that its Magna Mirrors
operating unit has been selected as a 2012 Automotive News PACE Award winner for its Infinity(TM) rearview mirror.
“On behalf of Magna Mirrors and our product development, engineering and
sales teams, we are honored to accept this 2012 PACE Award for our
Infinity mirror, and we appreciate the prestigious recognition our
innovative product has received,” said Frank Seguin, president of Magna
The Infinity mirror redefines the appearance of the inside rearview
mirror by replacing the traditional bezel around the mirror’s perimeter
with a highly polished, precision-ground glass edge. With the Infinity
mirror, the driver sees and interacts only with the glass mirror and no
part of the assembly extends beyond the mirror, resulting in a clean,
futuristic design that automakers see as a differentiating feature.
Elimination of the bezel also reduces forward obstruction by decreasing
the overall mirror size by 24 percent compared to a conventional
mirror, while the buttons commonly located in mirror bezels are
replaced with touch-screen style buttons on the glass surface.
Magna Seating was also a finalist in this year’s PACE Awards competition
for its One-Touch Stow n’ Go® seat mechanism. (Stow n’ Go is a
registered trademark of Chrysler Group LLC.) This latest-generation
mechanism started in 2011 Chrysler and Dodge minivans and features a
unique, one-touch mechanical mechanism that — all at once — folds
down the head restraint, folds the seatback, releases the floor latch,
tumbles the seat forward, and translates the seat inboard to align with
the floor tub for easy stowing. The mechanism provides the ease of use
of a power folding seat for the mass and cost of a mechanical seat,
without compromise in functionality.
The Automotive News PACE Awards celebrate automotive suppliers’ innovations in products,
manufacturing processes and information technology. PACE Award winners
were announced at the 18th annual Automotive News PACE Awards ceremony on April 23, 2012, in Detroit, Michigan.
About Magna Mirrors
Magna Mirrors (www.magnamirrors.com), an operating unit of Magna International Inc. and recipient of a 2009
PACE Award for its BlindZoneMirror(TM), is one of the largest producers of
automotive mirror and vision systems to the global automotive industry.
We are focused on developing value-added products including interior
and exterior mirrors, door handles, actuators, and electronic vision
systems that deliver new products and technological solutions to
enhance the driving experience. The group serves customers around the
world from manufacturing and engineering facilities located in North
America, Europe, Asia and South Africa.
About Magna Seating
Magna Seating (www.magnaseating.com), an operating group of Magna International Inc., is an innovative
leader in the development and manufacture of high-quality complete
seating systems, seat structure and mechanism solutions, and foam &
trim products for the global automotive industry. Our capabilities
range from consumer and market research, full concept development,
design and engineering, and testing and validation to world-class
manufacturing of seating components and complete seat assemblies.
About Magna International
Magna is the most diversified global automotive supplier. We design,
develop and manufacture technologically advanced automotive systems,
assemblies, modules and components, and engineer and assemble complete
vehicles, primarily for sale to original equipment manufacturers
(“OEMs”) of cars and light trucks. Our capabilities include the design,
engineering, testing and manufacture of automotive interior systems;
seating systems; closure systems; body and chassis systems; vision
systems; electronic systems; exterior systems; powertrain systems; roof
systems; hybrid and electric vehicles/systems; as well as complete
vehicle engineering and assembly.
We have approximately 108,000 employees in 286 manufacturing operations
and 88 product development, engineering and sales centers in 26
countries. More information on Magna can be found at www.magna.com.
# # #
THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARD-LOOKING
STATEMENTS” UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO,
AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT
IN MAGNA’S REGULATORY FILINGS. PLEASE REFER TO MAGNA’S MOST CURRENT
MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND
FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM
40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA’S SUBSEQUENT REGULATORY
FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK
FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE
INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE
AVAILABLE FOR REVIEW ON MAGNA’S WEBSITE AT WWW.MAGNA.COM.
SOURCE Magna International Inc.
Image with caption: “The Infinity mirror from Magna Mirrors redefines the appearance of the inside rearview mirror by replacing the traditional bezel around the mirror’s perimeter with a highly polished, precision-ground glass edge. (CNW Group/Magna International Inc.)”. Image available at: http://photos.newswire.ca/images/download/20120424_C8579_PHOTO_EN_12674.jpg