Magna Tyres Middle East & Africa FZC Selects OKA GROUP To Promote Magna Tyres In Egypt
OKA is an expert in industrial tires and provides superior services to establish a strong and long relationship with its clients in Egypt.
Hanon Systems Completes Acquisition Of Magna’s Global Fluid Pressure & Controls Business
Hanon Systems pursued this exclusive deal with Magna International based on the alignment of this business to the company’s strategic priorities. The acquired business specializes in thermal and energy management solutions designed to improve conventional and electrified powertrain efficiency.
Magna Tyres Group Ventures Into Canada And The USA
The company says this new location opens up an entirely new market for premium quality Magna Tyres products in the U.S. and Canada.
Magna Tyres Group Doubles Production Capacity At Hardenberg Plant
With an eye to the rapidly increasing demand for its brand and expected growth in 2019, Magna Tyres Group has plans for another expansion of its NL Hardenberg plant, which will be finalized in 2018.
Magna Wins J.D. Power Award For Seat Quality and Satisfaction
This is the second year in a row the Ford Edge seats, manufactured by Magna, have ranked highest in the category.
Magna, Altran Form Joint Venture Engineering Center In Morocco
The Magna-Altran joint venture is called MG2 and is based in Casablanca, Morocco. MG2 offers vehicle engineering services as Morocco emerges as an export-focused production base for automakers.
Magna Divests Its Global Fluid Pressure And Controls Business
The sale price is approximately $1.23 billion, before the assumption of net debt and pension liabilities at closing, and subject to customary closing adjustments for net working capital.
Magna To Jointly Engineer And Build Premium Electric Vehicles For Customers In China
China is currently the world’s leading market for electric mobility. By 2020, the number of all-electric cars on China’s roads is forecasted to reach around 5 million.
Magna Announces 2018 Annual Meeting Results
Magna’s advisory “say on pay” vote received 97.25 percent support based on proxies received prior to the meeting and votes cast in person at the meeting.
Magna Forms Joint Venture In China To Support Growing Composite Liftgate Market
With the addition of this joint venture facility, Magna now expands to 50 facilities in China with more than 22,700 employees.
