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Latest Magna International Inc. Stories

2014-05-22 12:20:53

LONDON, May 22, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report:Global Automotive Surround-view Systems Market 2014-2018http://www.reportbuyer.com/automotive/manufacturing_automotive/global_automotive_surround_view_systems_market_2014_2018.html About Automotive Surround-view SystemsA surround-view system is a kind of ADAS, which is integrated into a vehicle to assist the driver. This system gives the driver a 360-degree view of the vehicle surroundings...

2014-05-13 20:20:32

AURORA, ON, May 13, 2014 /PRNewswire/ - Magna International Inc. (TSX: MG, NYSE: MGA) announced today that it has received approval from the Toronto Stock Exchange ("TSX") to amend its normal course issuer bid (the "Bid") in order to increase the maximum number of Common Shares that may be purchased under the Bid from 12,000,000 Common Shares, representing approximately 5.4% of its public float, to 20,000,000 Common Shares, representing approximately 9.0% of its public float (each...

2014-05-08 20:20:36

AURORA, ON, May 8, 2014 /PRNewswire/ - Magna International Inc. (TSX: MG, NYSE: MGA) announced voting results from its 2014 annual meeting of shareholders held today. A total of 180,384,093 Common Shares or 82.09% of our issued and outstanding Common Shares, were voted in connection with the annual meeting. Shareholders voted by a show of hands in favour of each item of business. Based on proxies received prior to the meeting, each director nominee was elected by a substantial...

2014-05-08 08:21:44

AURORA, ON, May 8, 2014 /PRNewswire/ - Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the first quarter ended March 31, 2014. THREE MONTHS...

2014-05-07 12:20:48

GRAZ, Austria, May 7, 2014 /PRNewswire/ - Magna International Inc. announced today that its Magna Steyr operating unit has reached a significant milestone -- 1,000,000 vehicles produced for the BMW Group from its assembly line in Graz, Austria, since 2003. This impressive figure includes BMW X3, MINI Countryman and MINI Paceman vehicles. Magna Steyr has been BMW's strategic contract manufacturing and engineering partner for all three models. "This milestone shows the...

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...


Word of the Day
kenspeckle
  • Having so marked an appearance as easily to be recognized.
This word may come from the Swedish 'kanspak,' quick at recognizing persons or things, or else from confusion with 'conspicuous.'