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Latest Magna International Inc. Stories

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...

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,...


Word of the Day
endocarp
  • The hard inner (usually woody) layer of the pericarp of some fruits (as peaches or plums or cherries or olives) that contains the seed.
This word comes from the Greek 'endon,' in, within, plus the Greek 'karpos', fruit.
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