Magna sees EV battery enclosures generating $2.5 billion in sales by… Magna also updated its 2023 and 2025 financial outlooks to reflect the acquisition… Read More...
Magna inks silicon carbide deal with semiconductor maker Onsemi "We believe that a secure supply of silicon carbide chips will be critical to our… Read More...
Magna, Department of Energy develop greener manufacturing process for… A new manufacturing process developed by supplier giant Magna International Inc. and… Read More...
Magna Q1 net income falls 43%, but 2023 outlook improves The results come as Magna, like the rest of the supply base, navigates financial… Read More...
Ineos taps Magna Steyr to build off-road EV starting in 2026 The deal with Magna provides clarity on timing for the launch of Ineos Automotive's… Read More...
Magna says human trafficking suit filed against it is ‘without merit’ Canadian parts supplier Magna International Inc. says it will “contest vigorously” a… Read More...
Magna Seating plans $100 million plant to serve GM in suburban Detroit The Canadian company, which has a large presence in metro Detroit, will operate the… Read More...
EV tax rules lift Magna Steyr’s hopes for U.S. production Magna Steyr, the Austrian contract vehicle manufacturer, sees a big opportunity… Read More...