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Latest Magna International Stories

2011-11-17 07:00:00

Positions company to deliver expanded range of lightweight structural component solutions AURORA, ON, Nov. 17, 2011 /PRNewswire/ - Cosma International, an operating unit of Magna International Inc., announced today that it has signed an agreement with the shareholders of the BDW technologies group (www.bdw-technologies.com), pursuant to which Cosma will acquire BDW's four operations. BDW is an industry leader in vacuum high-pressure aluminum die casting and expects full-year 2011...

2011-11-16 16:52:00

AURORA, ON, Nov. 16, 2011 /PRNewswire/ - Magna International Inc. (TSX: MG; NYSE: MGA) will hold an Investor Day event on Thursday, November 17, 2011 at which members of Executive and Operating Unit Management will make presentations.  The event will be held at its Promatek Research Centre in Brampton, Ontario at 9:00 a.m. EST (Toronto time).  The event will be webcast live and members of the public can access it at www.magna.com in the Investor section under Calendar of...

2011-11-11 00:32:00

TORONTO, Nov. 11, 2011 /PRNewswire/ - Africa Comes Alive, an event organized by Magna CEO Don Walker and his wife Joan Kelley, shone a spotlight on the needs of Africa to the Toronto social scene. Hundreds of people, including many top celebrities and a who's who of Canadian business, turned out for a night of fashion and entertainment at a benefit for World Vision. The gala featured a fashion show of swimwear by Cascata Blu paired with African-inspired jewelry created and donated...

2011-10-21 16:12:00

AURORA, ON, Oct. 21, 2011 /PRNewswire/ - Magna International Inc. (TSX: MG); (NYSE: MGA) will announce its financial results for the third quarter ended September 30, 2011, on Thursday, November 3, 2011. Magna will hold its quarterly conference call on Thursday, November 3, 2011 at 8:00 a.m. Eastern Time.  The number to use for this call is 1-800-909-4195.  Overseas callers should use 1-212-231-2931.  Please call in at least 10 minutes prior to start time.  The...

2011-10-19 16:00:00

ANN ARBOR, Mich., Oct. 19, 2011 /PRNewswire/ -- Current Motor, a Michigan-based early stage company that has developed a revolutionary electric maxi-scooter targeted at top markets in the Americas, today announced a strategic agreement with Dakkota Integrated Systems to assemble electric motorcycles in Michigan and directly ship them to Current Motor's customers in the Americas. Dakkota will also manage Current Motor's supply chain. (Logo:...

2011-10-13 04:00:00

AURORA, ON, Oct. 13, 2011 /PRNewswire/ - Magna International Inc. (TSX: MG) (NYSE: MGA) today announced that it is cooperating with the United States Department of Justice ("DOJ") with respect to an ongoing antitrust investigation of the automobile tooling industry. In connection with such investigation, the DOJ has requested documents related to various tooling bids, including a tooling program for which a subsidiary within our Cosma International operating unit acted as Tier 1...

2011-08-31 09:45:00

Positions company to become a global manufacturer of structural aluminum castings AURORA, ON, Aug. 31, 2011 /PRNewswire/ - Cosma International, a leading global automotive metalforming supplier and an operating unit of Magna International Inc., announces the acquisition of Grenville Castings (2007) Limited ("Grenville Castings"), a structural casting supplier of aluminum components for the automotive, heavy truck and recreational markets. Grenville Castings, headquartered in Perth,...

2011-08-24 12:39:00

NORTHVILLE, Mich., Aug. 24, 2011 /PRNewswire/ -- Amerigon Incorporated (NASDAQ-GS: ARGN), a global developer and marketer of innovative thermal management technologies for a broad range of heating and cooling and temperature control applications, today announced that senior automotive executive Carlos E. Mazzorin has been named to its Board of Directors, effective August 24, 2011. In addition, the Board has voted to increase its size from seven to eight directors with Mazzorin filling the...

2011-08-05 12:15:00

AURORA, ON, Aug. 5, 2011 /PRNewswire/ - Magna Exteriors and Interiors, an operating unit of Magna International Inc., announced today that it has expanded its footprint in China by forming a joint venture to purchase an existing injection molding and painting facility located in Wuhu, a city in the Anhui province of southeastern China. The three-party joint venture, called MCC Wuhu Exteriors, consists of Magna Exteriors and Interiors (51%), CAIP (Changshu Automotive Trim Co., 34%)...

2011-07-21 15:46:00

AURORA, ON, July 21, 2011 /PRNewswire/ - Magna International Inc. (TSX: MG); (NYSE: MGA) will announce its financial results for the second quarter ended June 30, 2011, on Friday, August 5, 2011. Magna will hold its quarterly conference call on Friday, August 5, 2011 at 8:00 a.m. Eastern Time.  The number to use for this call is 1-800-909-7810.  Overseas callers should use 1-212-231-2920.  Please call in at least 10 minutes prior to start time.  The conference call...