Magna Closures Inc., a subsidiary of Magna International Inc., has signed a three-year memorandum of understanding (MOU) with the Minister of Enterprise and Made in Italy (MIMIT) for a new development plan of its Guasticce production site in Livorno province.
The agreement will support Magna Closures’ planned investm

On January 5, Magna announced an expansion of its collaboration with NVIDIA to support OEM deployments on the NVIDIA DRIVE Hyperion platform. As part of this collaboration, Magna will offer OEMs a comprehensive portfolio of system integration, validation, and vehicle launch services for NVIDIA DRIVE AV stack running

On January 8, Xpeng announced that trial production of the updated P7+ has been completed at its Austrian facility, ahead of the sedan’s upcoming European launch. The new P7+ will be assembled at Magna’s Graz, Austria facility, joining two existing XPENG models.
The company is progressing with next-stage R&D and prod

On November 21, Magna announced that serial production of GAC’s AION V electric SUV is now underway at its Graz facility. The new vehicle assembly program expands localized EV production in Europe and strengthens GAC’s regional presence across assembly, supply, and sales.
The AION V has already launched in Finland, P

On November 19, Magna announced it is opening a new facility in China in the Jiujiang Economic Development Zone, Wuhu to support the growing demand of electric drive systems, starting with Chery and positioned to serve additional OEMs in the future.
Magna’s newly leased facility spans over 160,000 square feet and is

On November 7, Seeing Machines Limited announced that Magna recently completed one year production milestone of its integrated mirror solution in China with a leading German-based automotive manufacturer. The solution uses Seeing Machines' AI-powered Driver and Occupant Monitoring System (DMS/OMS) technology.
The DMS

On September 15, Magna announced that XPENG, a Chinese smart electric vehicle manufacturer, has selected Magna to assemble two new models for the European market.
The serial production is scheduled to start in Q3 2025, marking Magna’s first full vehicle assembly with a Chinese OEM at its Graz, Austria facility.
Base

Magna International is shutting down the Qualtech Seating Systems division London, Ontario in October. The single Qualtech plant there employs 49 people. One of the models it supplied was the Chevrolet BrightDrop, which has had an extended production shutdown, causing Qualtech to cease operations. 
The plant was in o

On August 11, Magna International announced that it will present advancements in sustainable materials, drivetrain technologies, energy storage systems, and ADAS at Hall B3, Booth E40, at IAA Mobility 2025, in Munich. A key focus will be on sustainable materials that meet the highest technical standards while reducin

On July 29, Magna highlighted its innovative and comprehensive interior sensing systems, designed to protect occupants and enhance the driving experience. Over the last 18 months, Magna’s interior sensing systems have either been awarded contracts or begun production on five OEM programs across North America, Europe

Several media sources reported that Magna International announced plans to launch driverless vehicles on the streets of Toronto later in 2025.
The Ministry of Transportation Ontario (MTO) recently notified Magna that its application into Ontario’s Automated Vehicle Pilot Program (AVPP) has been approved, allowing it

At the Auto Shanghai 2025, Magna will debut multiple forward-looking innovations to fully showcase its automotive technologies and high-performance systems and components.
Magna’s exhibits will focus on four key areas, namely, Sustainable Innovations, Holistic ADAS Systems, Personalized Brand Experiences, and Complet

Magna held a ceremony to mark the opening of its new China headquarters building in Changning District, Shanghai and the 20th anniversary of entering the Chinese market. The new headquarters building covers an office area of over 10,000 square meters and will house more than 700 employees from different divisions and

On April 2, TIRZ (Technological Industrial Development Zones) - Republic of North Macedonia announced the official opening of the new Magna Mechatronics factory in TIRZ Shtip. Built with an investment of EUR 40 million, it covers 18,000 square meters of area. It will employ more than 600 people. It will be producing

On March 28, multiple sources reported that the Prime minister of North Macedonia announced that Magna International Inc. (Magna) will start the operations at its new factory in North Macedonia in April 2025. The plant will be in Shtip and employ 500-600 people. It will see an investment of EUR 45-50 million. 
Based

On March 13, Röhm announced that it is providing polymethyl methacrylate (PMMA) molding compound PLEXIGLAS Optical HT for the 50 cm horizontal LED light strips of Lancia Ypsilon. Magna Lighting manufactures 50 cm light guides. 
PLEXIGLAS Optical HT used in applications subject to increased long-term service temperatu

On March 18, Magna announced a program in collaboration with NVIDIA to integrate the NVIDIA DRIVE AGX platform within its next generation of advanced technology solutions. It will use the next-generation NVIDIA DRIVE AGX Thor system-on-a-chip (SoC). NVIDIA DRIVE AGX Thor delivers up to 1,000 trillion operations per s

Announced on February 26, 2025, JHM Consolidation Bhd’s wholly-owned subsidiary, Morrissey Assembly Solution Sdn. Bhd. (MASSB) had secured contract from Magna Autosystems Inc (Magna) for the supply of parts for a car model in the U.S.
The supply of parts is expected to start in Q3 of the financial year ending Decembe

On February 20, multiple sources reported that Yuma Energy has acquired Chennai-based Grinntech Motors & Services Pvt Ltd which specializes in designing innovative and cost-effective energy storage solutions. Yuma Energy is a joint venture of Magna International and Yulu. Grinntech has developed energy storage soluti

On February 11, Magna is expanding its long-standing partnership with Mercedes-Benz, reinforcing their shared commitment to innovation in the automotive industry. The collaboration now includes engineering and production support for the all-new electric version of Mercedes-Benz’s iconic off-roader.
A key highlight of