All Magna International articles
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ArticleCanada – Mixed fortunes for production operations
Canadian vehicle and component production operations are feeling the impact of slow EV sales.
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NewsMagna secures major eDrive system contract for high-end OEM
Magna clinches a pivotal eDrive system contract, supporting a high-end North-American vehicle OEM in its electrification journey
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NewsLG Magna e-Powertrain launches European EV hub in Hungary
The Miskolc facility will be situated in the region’s industrial district, situated near a well-established infrastructure and in strategic proximity to OEM customers and other Magna facilities in the region.
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NewsMagna to invest $790m to build three new factories for Ford battery enclosures in EV production push
The company will be on the of the first to join the supplier network park at Ford’s Blue Oval City complex and expects to employ 1,300 people expanding its EV-focused footprint.
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NewsFisker to open China delivery centre in 2023
Luxury EV maker Fisker is set to start deliveries of its Ocean SUV in China in Q1 next year, and expects to start local production with a contract manufacturing partner.
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NewsFisker begins production ramp-up of Ocean SUV
Fisker is accelerating the launch of its Ocean SUV with the first deliveries to European and US markets planned for June this year
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NewsMagna to build new battery enclosures facility in Canada to support Ford F-150 Lightning production
The company will also manufacture battery enclosures for GM’s Silverado EV in St. Clair, Michigan, adding to existing battery enclosure production for the Hummer EV
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ArticleAMS January-March 2022 – Volvo’s mega changemaker
Javier Varela discusses Volvo Cars’ investment in new technologies, EV platforms and sustainability
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ArticleBackseat driver: Magna helps pickups go electric
Magna’s director of electrification, Mike Dowsett, shares insights into its eBeam rear axle development.
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NewsLG and Magna create JV for electric powertrains
The new company, to be called LG Magna e-Powertrain, will be located in Incheon, South Korea and will produce electric drivetrain systems
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NewsFisker and Magna finalise manufacturing agreement
Along with the previously signed agreements on electric vehicle platform sharing and ADAS package, this finalises the framework established between the two companies beginning in 2020
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ArticleREE Automotive and Magna sign strategic collaboration agreement
Aiming to service the EV requirements of new electric mobility players, this collaboration plans to develop fully modular electric vehicles using REE’s corner technology and accelerate their time-to-market at scale
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ArticleMagna to build Fisker Ocean electric vehicle in Europe
Magna International is going to build start-up EV brand Fisker’s forthcoming Ocean SUV under contract at its Magna Steyr manufacturing facility in Graz, Austria.
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ArticleKotagiri replaces Walker as head of Magna
Swamy Kotagiri will take over as CEO of global tier one and contract manufacturer Magna from January 1 next year. He replaces Don Walker.
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ArticleYour webinar questions answered: How tier 1 suppliers are responding to tough headwinds
You asked, we answer. We return to the questions from our audience that we didn’t have time to answer in our live webinar, ranging from which parts of automotive tier 1 suppliers’ business models are at risk of commodification, to how tier suppliers are changing manufacturing processes
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WebinarWatch: How to mitigate falling profits in the automotive supply base
Following our latest report: Automotive Tier Supplier Profit Analysis 2020, watch our webinar: How to mitigate falling profits in the automotive supply base, where our automotive analysts provide more in-depth insights into where Tier 1 supplier profit margins are heading and what the impact will be on manufacturing.
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ArticleElectric vehicles could transform role of tier 1 suppliers in manufacturing
As OEMs look to reduce production costs and manage more complexity, automotive suppliers will face challenges. But with more EV models in the pipeline, many have the opportunity to grab a larger piece of the pie both for manufacturing and the total value chain
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ArticleIs Sony’s Vision S a scary sight, or a revelation for carmakers and suppliers?
Should automotive manufacturers fear or embrace this surprise announcement from the consumer technology giant?
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ArticleTearing profits apart: how tier 1 automotive suppliers can mitigate shrinking margins
The latest report by Automotive from Ultima Media examines the profits and outlook for the top 20 automotive parts suppliers and explores the strategies and solutions they should consider to avoid significant disruption in the 2020s
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AnalysisTier Supplier Profit Analysis: Mitigating Margin Compression and Manufacturing Costs
Automotive tier 1 suppliers are facing unprecedented industry transformation in electrification along with economic uncertainty. Download this report on the top 20 global suppliers for a deep analysis of their historic margins, as well as solutions for how suppliers could cope with growing pressures and changes in manufacturing across the supply base