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Latest Magna International Stories

2012-04-24 06:21:15

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...

2012-03-08 07:07:00

ATLANTA, March 8, 2012 /PRNewswire/ -- Strategies enabling SAP users to streamline legacy B2B system infrastructures that have become challenging to manage because of outdated technologies, corporate growth, and mergers and acquisitions will be the topic of a free one-hour webinar at 1 pm ET on Thursday, March 15. The SAPInsider-hosted webinar, "Gain a Competitive Edge by Modernizing and Consolidating Your Business Integration Environment," will feature representatives of global automotive...

2012-02-28 08:00:00

MILA Coupic demonstrates unique product design and engineering capabilities GRAZ, Austria, Feb. 28, 2012 /PRNewswire/ - Magna International Inc., the world's most diversified automotive supplier, has announced that its Magna Steyr operating unit will unveil the MILA Coupic concept study at the Geneva Motor Show 2012.  The MILA Coupic is a design study which brings together three different vehicle concepts into one. The sixth concept car in the MILA innovation family, the...

2012-01-13 04:25:00

BROMSGROVE, England, January 13, 2012 /PRNewswire/ -- General Motors' international operations head Tim Lee has told just-auto that the company is determined to keep its European operations (Opel/Vauxhall) and make them profitable. He said GM had been working on a turnaround for some time. "We have concluded - with board support - that Opel [http://bit.ly/xBYRjF ] is a piece of business to turn around and make profitable." He said recent changes to the...

2012-01-05 08:19:00

Acquires assets of bus and light train seating manufacturer OBERWALTERSDORF, Austria, Jan. 5, 2012 /PRNewswire/ - Magna International Inc. announced today that its Magna Seating operating unit acquired the assets and business of Vogelsitze GmbH in Karlsruhe-Stupferich, Germany. Vogelsitze specializes in the development and production of seats for the bus and light train industries. Sales for 2011 are expected to be approximately EUR19 million. The acquisition expands...

2011-12-16 10:30:00

North America program promotes increased employee health & safety AURORA, ON, Dec. 16, 2011 /PRNewswire/ - Magna International Inc. announced it has received the Ergonomic Innovation Award today from the Michigan Occupational Safety and Health Administration (MIOSHA). The award was presented at the Magna Mirrors facility in Newaygo, Michigan, which played an instrumental role as the lead inspection site for MIOSHA's award review and assessment period. Magna received the award...

2011-12-15 08:30:00

CHICAGO, Dec. 15, 2011 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Joy Global Inc. (NYSE: JOY), Magna International Inc. (NYSE: MGA), General Motors (NYSE: GM), Honda Motor (NYSE: HMC) and Toyota Motor (NYSE: TM). (Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)...

2011-12-13 15:06:00

Positions company for future growth in non-automotive markets AURORA, ON, Dec. 13, 2011 /PRNewswire/ - Magna International Inc. announced today that its Cosma International operating unit will strengthen its manufacturing presence in the renewable energy market by opening a manufacturing facility in Phoenix, Arizona.  Cosma is a leading global metalforming supplier in the automotive industry, and has recently expanded into non-automotive markets. The new facility, to be...

2011-12-06 14:56:00

Acquires TK Chassis Operations in Brazil AURORA, ON, Dec. 6, 2011 /PRNewswire/ - Magna International Inc. announced today that its Cosma International operating unit has closed a transaction with ThyssenKrupp Automotive Systems GmbH to acquire ThyssenKrupp Automotive Systems Industrial do Brasil Ltda. (TKASB).  TKASB produces and assembles chassis structural components and modules for several Brazilian automotive customers from four plants, and had sales of approximately $250...

2011-12-01 09:12:00

AURORA, ON, Dec. 1, 2011 /PRNewswire/ - Magna International Inc. announced today that its Magna Electronics operating unit, in conjunction with Mobileye, its partner for image processing, has developed an innovative driver assistance system that uses a single, forward-looking video camera to provide safety and convenience features such as forward collision and lane departure warnings. More affordable than comparable systems, the Magna system has recently launched on General Motors...