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Last updated on April 20, 2014 at 21:20 EDT

Latest Magna International Inc. Stories

2014-04-15 08:21:37

A first for N.A. market; 30% weight savings AURORA, ON, April 15, 2014 /PRNewswire/ - Magna International Inc. announces that its Magna Exteriors operating unit is producing the North American automotive industry's first all-thermoplastic, fully recyclable liftgate module for the 2014 Nissan Rogue crossover utility vehicle. The Rogue liftgate is unique in that all materials are fully olefinic and therefore fully recyclable at the end of the vehicle's life, and it features the...

2014-04-10 16:21:03

AURORA, ON, April 10, 2014 /PRNewswire/ - Magna International Inc. (TSX: MG) (NYSE: MGA) is holding its Annual Meeting of Shareholders on Thursday, May 8, 2014 at The Westin Prince Hotel, 900 York Mills Road, Toronto, Ontario, Canada commencing at 10:00 a.m. (Toronto time). The meeting will be webcast live and can be accessed at www.magna.com. Magna will also announce its financial results for the first quarter ended March 31, 2014 on the morning of the meeting. Magna will hold...

2014-04-07 08:21:42

Investment, new products indicative of shift from mechanical to electronic systems AURORA, ON, April 7, 2014 /PRNewswire/ - Magna International Inc. announced that its Magna Closures operating unit, the global leader in latching system technology, has expanded its Dortec manufacturing facility to begin producing electronic systems and modules for the automotive industry. The $1.5-million expansion will create 75 new jobs and further positions Magna Closures to meet the growing...

2014-03-31 20:20:13

AURORA, ON, March 31, 2014 /PRNewswire/ - Magna International Inc. (TSX: MG; NYSE: MGA) today announced that, on March 28, 2014, it filed a preliminary short form base shelf prospectus with the Ontario Securities Commission (the "OSC") and a corresponding shelf registration statement with the United States Securities and Exchange Commission (the "SEC") on Form F-10. Consistent with Magna's recently stated intention to accelerate the use of its balance sheet, this filing is...

2014-03-20 12:21:58

LONDON, March 20, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report: Automotive Parts Aftermarket Market in US 2014-2018 TechNavio's analysts forecast the Automotive Parts Aftermarket in the US to grow at a CAGR of 2.04 percent over the period 2014-2018. One of the key factors contributing to this market growth is the fact that the costs of aftermarket parts are lower than those of original equipment components. The Automotive Parts Aftermarket in the...

2014-03-18 16:21:05

AURORA, ON, March 18, 2014 /PRNewswire/ - Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Ontario Securities Commission ("OSC") has issued an issuer bid exemption order (the "2014 Order") permitting us to make private agreement purchases of Magna International Inc.'s ("Magna") Common Shares from an arm's length third-party seller. Magna was previously granted an issuer bid exemption order (the "2013 Order") on November 22, 2013 permitting us to make private...

2014-03-04 16:20:29

LONDON, March 4, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report: Global Automotive Seats Market 2014-2018 TechNavio's analysts forecast the Global Automotive Seats market to grow at a CAGR of 4.35 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increased emphasis on driver and passenger comfort. The Global Automotive Seats market has also been witnessing the development of high strength-to-weight...

2014-03-03 04:20:17

AURORA, ON, March 3, 2014 /PRNewswire/ - Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the fourth quarter and year ended December 31, 2013. THREE MONTHS ENDED YEAR ENDED DECEMBER 31, DECEMBER 31, 2013 2012 2013 2012 Sales $ 9,174 $ 8,033 $ 34,835 $ 30,837...

2014-02-26 08:20:14

MILA Blue combines lightweight construction, alternative drive and emotional design VIENNA, Austria, Feb. 26, 2014 /PRNewswire/ - Magna International Inc. will showcase its diverse capabilities through the MILA Blue vehicle concept at Geneva Motor Show 2014. MILA Blue is an innovative, natural-gas powered, A-segment lightweight vehicle that produces less than 49g CO(2)/km. MILA Blue, the seventh concept vehicle in the MILA family, represents a new, intelligent, lightweight...

2014-02-13 16:24:50

LONDON, Feb. 13, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:Global Large and Advanced Battery Technology Market 2012-2016TechNavio's analysts forecast the Global Large and Advance Battery Technology market to grow at a CAGR of 6.9 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in technological advancements. The Global Large and Advance Battery Technology market has also been witnessing...