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Latest Magna International Stories

2011-01-12 03:00:00

SAO PAULO, Brazil, Jan. 12 /PRNewswire-FirstCall/ - Magna Seating, an operating unit of Magna International which develops and manufactures complete seating solutions and mechanisms, continues its growth in South America with the acquisition of automotive seat supplier Pabsa S.A. The new entity will operate as Magna Seating Argentina. Pabsa, previously part of the L'Equipe Monteur Group, is based in Buenos Aires, Argentina, and is a vertically integrated supplier of complete seats,...

2010-12-21 16:00:00

AURORA, ON, Dec. 21 /PRNewswire-FirstCall/ - Magna International Inc. (TSX: MG; NYSE: MGA) announced today that Belinda Stronach will be resigning from her role as Executive Vice-Chair and member of the Board of Directors, effective December 31, 2010.  Stated Michael D. Harris, Lead Director, "The Board wishes to express our sincere and deep appreciation to Belinda for the valuable contribution she has made to Magna over many years and we wish Belinda every success in the...

2010-10-28 17:15:00

AURORA, ON, Oct. 28 /PRNewswire-FirstCall/ - Magna International Inc. (TSX: MG; NYSE: MGA) will announce its financial results for the third quarter ended September 30, 2010, on Thursday, November 4, 2010. Magna will hold its quarterly conference call on Thursday, November 4, 2010 at 6:00 p.m. EDT.  The number to use for this call is 1-800-954-0696.  Overseas callers should use 1-416-981-9020. Please call in at least 10 minutes prior to start time.  The conference call...

2010-10-14 09:00:00

RUESSELSHEIM, Germany, Oct. 14, 2010 /PRNewswire/ -- Raytheon Professional Services LLC (RPS), a subsidiary of Raytheon Company (NYSE: RTN), has received the Bronze International German Training Award from the Association of German Sales Promoters, Trainers, Consultants and Coaches (BDVT). RPS won the prize for the retail sales consultant curriculum it designed, deployed and delivers on behalf of Opel/Vauxhall in Europe. The BDVT International German Training Award recognizes the best in...

2010-09-20 09:45:00

Gov. Granholm visits to inaugurate new facility AUBURN HILLS, MI, Sept. 20 /PRNewswire-FirstCall/ - Magna E-Car Systems, a recently formed joint venture between Magna International and the Stronach Trust, announced today the grand opening of its latest facility, a new hybrid- and electric-vehicle system development center and state-of-the-art battery/materials testing facility in Auburn Hills, Michigan. "It is with great pride that we at Magna E-Car Systems, together with our many supporters...

2010-08-17 08:49:00

AURORA, ON, Aug. 17 /PRNewswire-FirstCall/ - Magna International Inc. (TSX: MG.A, NYSE: MGA) today announced that the Ontario Superior Court has approved the previously announced plan of arrangement to eliminate Magna's dual class share structure. The decision of the Ontario Superior Court followed a hearing held on August 12 and 13, 2010. The Superior Court found that the arrangement is fair and reasonable. "Today's decision by the Superior Court affirms our position that the claims of the...

2010-07-27 10:01:00

AURORA, ON, July 27 /PRNewswire-FirstCall/ - Magna International Inc. (TSX: MG.A; NYSE: MGA) will announce its financial results for the second quarter ended June 30, 2010, on Friday, August 6, 2010. Magna will hold its quarterly conference call on Friday, August 6, 2010 at 8:30 a.m. EDT. The number to use for this call is 1-800-771-7943. Overseas callers should use 1-212-231-2912. Please call in at least 10 minutes prior to start time. The conference call will be webcast at www.magna.com,...

2010-04-26 10:09:00

New supplier park includes two Magna operating units AURORA, ON, April 26 /PRNewswire-FirstCall/ - Magna International announced today that four of its operating units have been awarded new business from Volkswagen Group of America (VGoA), two of which will occupy space in the new supplier park Volkswagen is building adjacent to its Chattanooga, Tennessee, assembly facility. Magna will supply a wide variety of components and systems on Volkswagen's new mid-size sedan, which is estimated to...

2010-04-05 11:44:00

AURORA, ON, April 5 /PRNewswire-FirstCall/ - Magna Seating, an operating group of Magna International, and Hollingsworth Logistics, a leading provider of industrial supply chain management, announced they have formed a joint venture to supply Volkswagen Group of America (VWGoA) with complete seat systems for the mid-size sedan to be built at Volkswagen's new Chattanooga, Tennessee, assembly facility. "This partnership is a great sign of things to come for everyone involved," said Frank...

2010-04-01 04:00:00

AURORA, ON, April 1 /PRNewswire-FirstCall/ - Magna International Inc. (TSX: MG.A; NYSE: MGA) today announced that its 2009 Annual Report, including Management's Discussion and Analysis and Audited Consolidated Financial Statements, Annual Information Form (AIF) and Form 40-F, are now available on the company's website, www.magna.com. Magna has also filed these documents with the Canadian Securities Administrators (accessible through their website at www.sedar.com) and the U.S. Securities and...


Word of the Day
mundungus
  • A stinking tobacco.
  • Offal; waste animal product; organic matter unfit for consumption.
This word comes from the Spanish 'mondongo,' tripe, entrails.