- News
Magna names Seetarama Kotagiri Chief Executive Officer
Magna announced that its Board of Directors has appointed Seetarama (Swamy) Kotagiri as Chief Executive Officer, effective January 1, 2021.
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Magna to cooperate with Fisker on engineering and manufacturing of the Fisker Ocean
As part of Magna’s strategic direction to support traditional automakers as well as new entrants, the company announced today that it has signed agreements with Fisker that provide the framework for a platform sharing and manufacturing cooperation for the Fisker Ocean SUV. Fisker, an e-mobility automaker, announced plans to start production…
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e4 technology demonstrator car is paving the way to powertrain electrification
Magna’s roadmap to e-mobility includes technologies showcased in the all-new e4 technology demonstrator car is debuting during the company’s winter test-driving activities in northern Sweden.
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Magna in action during Covid-19
With its technology, expertise, size and scale, the company's employees help the communities where they work and live by devoting time and resources to help global crisis.
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Magna powers Ferrari SF90 Stradale with innovative dual-clutch transmission
In cooperation with the Italian sports car maker Ferrari, Magna has developed and supplies an all-new dual-clutch 8-speed transmission for the Ferrari SF90 Stradale. The innovative, next-generation DCT provides improved torque and shifting while also reducing weight and CO2 emissions.
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Magna celebrates the signing of its first complete vehicle manufacturing joint venture in China
Magna, BAIC Group and the Zhenjiang government celebrated the signing of a framework agreement governing their electric vehicle manufacturing joint venture in Zhenjiang, China, which marks another milestone of their continued cooperation. Executives from both companies and Zhenjiang government officials attended the celebration. The transaction, which is pending regulatory approval…
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Magna and China’s BJEV form two joint ventures
Magna announced its intention to form two new joint ventures with Beijing Electric Vehicle Co. Ltd (BJEV) for complete vehicle manufacturing as well as engineering of electric vehicles.
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Magna continues to grow its presence in China with two grand opening celebrations
A new plant in Changsha, a joint venture with GAC subsidiary GAC Component, began production of composite liftgates for a global automaker's crossover vehicle in late 2018. This month, Magna's plant in Shanghai started production on active aerodynamic grille shutters for an American brand producing multiple vehicle platforms for the…
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Leading the shift to lightweight liftgates
A new frontier in automotive engineering and design can be found in an unexpected place: the rear end of SUVs, crossovers and hatchbacks, where there is a growing focus on making liftgates lighter.
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Magna and Altran form joint venture in Morocco to create engineering center
As Morocco emerges as a competitive export-focused production base for global automakers, a resource for vehicle engineering services has also launched: a joint venture between Magna and Altran Technologies SA.
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