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Last updated on April 17, 2014 at 21:23 EDT

Latest Magna International Inc. Stories

2014-02-07 12:20:08

Exclusive agreement to advance R&D on bio plastics for the automotive industry SAILAUF, Germany, Feb. 7, 2014 /PRNewswire/ - Magna International Inc., a leading global automotive supplier, and bio-on, an Italian intellectual property company, have signed a cooperation agreement on December 13, 2013, to start exclusive R&D activities on the use of bio plastics for the automotive industry. bio-on has developed a new kind of bio plastic created through the use of...

2014-02-03 16:21:02

JV to supply exterior components to Chinese market SHANGHAI, Feb. 3, 2014 /PRNewswire/ - Magna International Inc., through its Magna Exteriors operating unit, and Chongquing Guangneng Rongneng Trim Co., Ltd., are pleased to announce the formation of a 50/50 joint-venture partnership. The newly formed JV, called Magna Guangneng Automotive Trim System (Hangzhou) Co., Ltd., will begin supplying the growing China automotive market through a new greenfield facility located in...

2014-01-30 12:20:24

GRAZ, Austria, Jan. 30, 2014 /PRNewswire/ - Magna International today announced that its Magna Steyr operating unit will continue its collaboration with the BMW Group through a new vehicle manufacturing contract for its facility in Graz, Austria. The new production program would start following the end of production of the current MINI models MINI Countryman and MINI Paceman being assembled by Magna Steyr in Graz. Further information will be communicated at a later date. "This...

2014-01-27 16:20:35

AURORA, ON, Jan. 27, 2014 /PRNewswire/ - Magna International Inc. (TSX: MG) (NYSE: MGA) will release its financial results for the fourth quarter and year ended December 31, 2013 on Monday, March 3, 2014. Magna will hold its quarterly conference call on Monday, March 3, 2014 at 8:00 a.m. Eastern. The number to use for this call is 1-800-381-7839. Overseas callers should use 1-212-231-2901. Please call in at least 10 minutes prior to start time. The conference call will be...

2014-01-15 04:21:20

AURORA, ON, Jan. 15, 2014 /PRNewswire/ - Magna International Inc. (TSX: MG) (NYSE: MGA) today announced its financial outlook for 2014. All amounts are in U.S. dollars. Don Walker, Magna's Chief Executive Officer commented: "Our outlook indicates our continued progress in expanding our business in high growth regions, particularly in Asia. In addition, our outlook reflects our commitment to improving operating results in Europe including through ongoing restructuring,...

2013-11-20 16:20:34

AURORA, ON, Nov. 20, 2013 /PRNewswire/ - Magna International Inc. (TSX: MG; NYSE: MGA) will hold an Investor Day event on Thursday, November 21, 2013 at which members of Executive and Operating Unit Management will make presentations. The event will be held at The Grand Hyatt Hotel, Park Avenue at Grand Central Station in New York City beginning at 8:30 a.m. EST. The event will be webcast live and can be accessed at www.magna.com in the Investor section under Calendar of Events...

2013-11-18 23:19:55

Reportbuyer.com just published a new market research report: Global Battery Control Technology Market 2012-2016. London (PRWEB) November 18, 2013 TechNavio's analysts forecast the Global Battery Control Technology market to grow at a CAGR of 7.52 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing application of battery control technology in various industries. The Global Battery Control Technology market has also been...

2013-10-24 12:20:20

AURORA, ON, Oct. 24, 2013 /PRNewswire/ - Magna International Inc. (TSX: MG; NYSE: MGA) will announce its financial results for the third quarter ended September 30, 2013, on Wednesday, November 6, 2013. Magna will hold its quarterly conference call on Wednesday, November 6, 2013 at 8:00 a.m. Eastern Time. The number to use for this call is 1-800-757-8473. Overseas callers should use 1-416-981-9011. Please call in at least 10 minutes prior to start time. The conference call...

2013-08-26 04:20:07

AURORA, ON, Aug. 26, 2013 /PRNewswire/ - Magna International Inc. (TSX: MG; NYSE: MGA) today announced that the United States District Court, Southern District of New York has granted the Company's motion and dismissed the putative securities class action lawsuit in which Boilermaker-Blacksmith National Pension Trust acted as lead plaintiff. The lawsuit was originally filed in May 2012 against the Company, its Chief Executive Officer, Chief Financial Officer, as well as its...

2013-08-09 04:20:26

AURORA, ON, Aug. 9, 2013 /PRNewswire/ - Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the second quarter ended June 30, 2013. THREE MONTHS ENDED SIX MONTHS ENDED JUNE 30, JUNE 30, 2013 2012 2013 2012...