Magna, LAN Joint Venture to Assemble Seats in Michigan
The new joint venture will assemble complete seats for Ford, with production expected to start in the second quarter of 2023. More than 390 new jobs to be created.
Magna Announces Board Leadership and Other Changes
Board Chair William L. Young (at right) to retire; Audit Committee Chair Robert F. MacLellan selected to succeed him.
Magna Adds 120-Plus Engineers, Strengthens ADAS Capabilities
The company also has added an engineering center in the Boston area.
Magna Secures Hybrid Dual-Clutch Transmission Business
Shift to hybrid electric DCTs provides long-term stability for transmission business, Magna says.
Magna Helps Ford Electrify The Future
Magna’s battery enclosures for F-150 Lightning made with lightweight aluminum help minimize battery mass.
Qualcomm And SSW Partners To Acquire Veoneer For $37 A Share
Veoneer has terminated its prior acquisition agreement with Magna International Inc.
Qualcomm Offers To Acquire Veoneer For $37 Per Share In Cash
This offer represents an 18% premium over Magna’s offer to acquire Veoneer.
LG, Magna Announce Joint Venture Agreement, Leadership Team
New company to fuse Magna’s and LG’s electric powertrain strengths to accelerate e-drive component development.
Magna Brings Driver Assistance Into the Digital Age
ICON Radar helps address key industry challenges today and paves the road toward higher levels of autonomy in the future.
Magna To Acquire Veoneer
Acquisition will position Magna’s ADAS business as a global leader in a fast-growing industry.
InStride To Help Magna Develop Workforce Of The Future
Magna to provide employees with undergraduate degrees at leading colleges and universities through InStride’s educational network.
Fisker Ocean Takes Next Steps Toward Manufacturing Milestones
The Fisker Ocean SUV is on track for Nov. 17, 2022, at Magna’s carbon-neutral facility in Graz, Austria.
