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

On January 30, Magna inaugurated a 65,000 sq. ft. manufacturing facility in Chakan, Maharashtra, under its Magna MML (Mechatronics, Mirrors, and Lighting) division. The plant will produce latches and mirrors for OEMs and is expected to generate over 300 jobs in the next three years.
Based on Magna Mechatronics, Mirro

On December 4, the South Carolina Department of Commerce announced Magna International is growing its South Carolina footprint by establishing a new satellite operation and expanding its existing operation in Piedmont. 
Magna’s combined investment of approximately USD 200 million will create around 200 new jobs acros

On November 19, Magna announced its first award for a Dedicated Hybrid Drive (DHD) Duo system with a leading Chinese OEM, which is scheduled to start in Q3 2025, at Magna’s Nanchang facility.
Magna's DHD Duo system delivers a longitudinal front drive solution featuring an advanced dual e-motor and multi-speed design.

Magna International Inc. (Magna) has been awarded its first high-volume contract for Dual Clutch Transmission Eco (DCT Eco) solution, serving a European OEM.
The DCT Eco supports various vehicle models globally with ICE transmissions. It enables a seamless hybrid transition on the same vehicle platform with minor cha

On September 30, SDVerse, the online marketplace for buyers and sellers of automotive software backed by General Motors, Magna International Inc. and tech services company Wipro, was officially launched.
First announced in March 2024, the platform is designed to connect developers of automotive software with potentia

Suppliers Partnership for the Environment (SP), an association of global automakers and their suppliers, in partnership with sustainability and energy advisory company Trio, announced the “Transform: Auto” program, aimed at driving the adoption of renewable energy across the automotive supply chain.
Scope 1 emissions

On August 14, SKH, Krishna Group's Metals Division, and Magna International allied body and chassis operations in India further created a new entity called SKH M. The partnership is aimed to advance innovation in Chassis and Body-in-White (BIW) Systems and will focus on innovation and technological advancement, with

In its Q2 2024 results, Magna International reported that its vehicle assembly operations in Graz, Austria, are facing uncertainties, due to the planned end of production for several vehicles, including the Fisker Ocean, Jaguar E-Pace, Jaguar I-Pace, BMW Z4, Toyota Supra, and INEOS's decision to cancel the Fusilier p

Magna International Inc. (Magna) won its first contract to deliver a reconfigurable seating system to a Chinese OEM.
The system offers two rows of seats on long rails with a fully rotating front row, offering a flexible layout for more in-cabin space. The seats can rotate 270 degrees. They also come with an integrate

Several South Korean media sources reported that LG Magna e-Powertrain Co., Ltd. (LG Magna e-Powertrain) supplies motors for the Kia EV9 electric SUV. 
LG Magna e-Powertrain was established in 2021 as a JV between South Korea’s LG Electronics Inc. and Canada’s Magna International Inc. Kia is also considering using th