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Latest Magna International Stories

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...

2011-06-30 15:34:00

AURORA, ON, June 30, 2011 /PRNewswire/ - The Stronach Group today announced that it has acquired the racing and gaming assets formerly held by MI Developments Inc. (MID) (NYSE: MIM) as part of a previously announced reorganization proposal approved by MID shareholders on March 29, 2011. The racing and gaming assets acquired by The Stronach Group include: Santa Anita Park; Golden Gate Fields; Portland Meadows; MID's joint venture interests in Maryland Jockey Club's real estate and...

2011-06-28 14:00:00

DETROIT, June 28, 2011 /PRNewswire/ -- Chrysler Group LLC recognized 11 suppliers for their outstanding performances on Tuesday during its 2011 Annual Supplier Meeting and Awards Ceremony at the historic Fox Theatre in Detroit. Approximately 1,500 attendees, including top executives from Chrysler Group, Fiat Group Purchasing and Chrysler Group's global supply base were present for the event - the first of its kind since the Company and Fiat announced their strategic global alliance in 2009....

2011-06-28 09:29:00

AURORA, ON, June 28, 2011 /PRNewswire/ - Magna Steyr, an operating unit of Magna International Inc., announced today that its roof systems group has started production of the textile folding roof for the 2012 Fiat 500 Cabrio being sold in North America. The vehicle, which is built at Chrysler Group LLC's Toluca (Mexico) Assembly Plant, was presented at the New York International Auto Show and is now available in Canada, the United States and Mexico. Magna Steyr manufactures the...

2011-04-26 16:35:00

TORONTO, April 26 /PRNewswire-FirstCall/ - Magna International Inc. (TSX: MG; NYSE: MGA) is holding its Annual Meeting of Shareholders on Wednesday, May 4, 2011 at the Hilton Suites Toronto/Markham Conference Centre, 8500 Warden Avenue, Markham, Ontario, Canada commencing at 10:00 a.m. EDT (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, 2011 on the morning of the...

2011-04-26 14:00:00

AURORA, ON, April 26 /PRNewswire-FirstCall/ - Magna International Inc. (TSX: MG; NYSE: MGA) is holding its Annual Meeting of Shareholders on Wednesday, May 4, 2011 at the Hilton Suites Toronto/Markham Conference Centre, 8500 Warden Avenue, Markham, Ontario, Canada commencing at 10:00 a.m. EDT (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, 2011 on the...

2011-03-18 09:39:00

AURORA, ON, March 18 /PRNewswire/ - Magna International announced today that the company is donating $250,000 USD (20,157,400 JPY) to the Japan Red Cross to assist disaster relief efforts in Japan following the devastating earthquake and tsunami which occurred on March 11, 2011. In addition, the company has also established a disaster relief fund to directly assist its employees in Japan. "On behalf of the entire Magna International family, I wish to extend our most sincere sympathy...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.