Canadian global automotive supplier Magna International has announced new management structure and financial reporting segments. The shift better aligns our global operations with our long-term strategy tied to the future of mobility. ...
Tags: automotive, roof systems, sealing systems
Starting in summer 2017, BMW's new 530e plug-in hybrid will be produced at Magna's contract manufacturing facility in Graz, Austria. As a contract manufacturing partner for two premium electrified vehicles – the BMW 530e and the ...
Tags: BMW, Plug-in Hybrid, SUV
Magna International will manufacture the new 5 Series sedan for the BMW Group at its contract Graz vehicle assembly facility in Graz, Austria. The production, which is expected to begin in 2017, will be split with BMW Group's ...
Magna International has agreed to acquire Telemotive, an engineering service provider for automotive electronics. Subject to regulatory approval, the transaction is expected to close in the second quarter of 2016. Once complete, ...
Tags: Magna, Telemotive
Apple is reportedly planning to venture into self driving car market and holding talks with car makers and automotive suppliers in this regard. Reuters cited sources familiar with the mater as saying that the iPhone maker is looking to ...
Tags: Apple, Self Driving Car
Altair announced that the 7th European Altair Technology Conference (ATC) attracted around 600 engineers, managers and simulation experts to Munich June 24-26. The conference kicked off with several technical workshops, product training ...
Magna Steyr, an operating unit of Magna International, has entered into a new manufacturing contract with German luxury carmaker BMW Group. Under the contract, Magna Steyr will continue assembling BMW's vehicles at its plant in Graz, ...
Making its Guangzhou Auto Show debut, Qoros, an international car brand headquartered in China, announced today the prices for its first volume car – the Qoros 3 Sedan – as the last step of its market introduction. Owing to ...
Tags: Qoros, Qoros 3 Sedan
Mini Australia has confirmed it will bring just five vehicles to our market finished with the brand’s new limited edition Frozen Black Metallic matt paint. The unique matt finish is created using a complex manufacturing process ...
Production of the Mini Countryman will begin in India later this year, marking the first time the BMW-owned British brand has manufactured vehicles outside Europe. The Mini One Countryman and Cooper D Countryman will be the first models ...
Tags: Auto, Transportation
German automobile manufacturer Mercedes-Benz has confirmed the production of its six wheeled G63 AMG sports utility vehicle (SUV). The vehicle is powered by the twin-turbocharged 5.5L V8 engine that generates output of 536hp and ...
Tags: Mercedes-Benz, automobile manufacturer, six wheeled G63 AMG SUV
the luxury vehicle brand of the Nissan has signed an agreement with Magna Steyr, an operating unit of Magna International, for assembling Infiniti's future luxury entry level compact vehicle. According to Infiniti the current agreement ...
Tags: Infiniti, luxury vehicle, Nissan, Magna Steyr, entry level compact vehicle
Infiniti, the luxury vehicle brand of the Japanese carmaker Nissan Motor, is planning to build the new compact premium car in-house at its European production plant. The carmaker's plans follow a feasibility study with supplier Magna ...
Tags: Infiniti, luxury vehicle, Nissan Motor, compact premium car