Magna International Inc.
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Spain's Grupo Antolin to buy Magna's interiors business


April 16, 2015 12:33 pm ET

Spain's Grupo Antolin has reached an agreement to purchase Canadian auto supply giant Magna International Inc.'s interiors unit in a deal valued at about $525 million, Magna said today in a statement.

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Magna investing $135 million for new exteriors plant in Mexico


March 18, 2015 5:04 pm ET

Magna International Inc has started construction of a $135 million automotive exteriors manufacturing facility in Querétaro, in central Mexico.

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TransNav, Rompa Group form JV covering Europe, North America


February 17, 2015 5:28 pm ET

TransNav Inc, of New Baltimore, Mich., and the Tilburg, Netherlands-based Rompa Group have established an injection molding and thermoforming joint venture covering Europe and the Americas.

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Magna to open new car parts plant in Slovakia


November 10, 2014 2:07 pm ET

Magna International Inc. is aiming to set up a new production facility in Malacky, in Slovakia's western part. The factory will make various plastic interior car components, the country's state-run Slovak Investment and Trade Development Agency...

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Magna opens new exterior facility, plans for lighting investment


October 30, 2014 1:36 pm ET

Canadian automotive supplier Magna International Inc. on Oct. 28 opened a new injection molding and robotic paint line facility in Delta Township, Mich., the company has announced.

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Executive pay driven by performance-based incentives


September 10, 2014 5:09 pm ET

The CEO of an automotive parts giant again tops the annual Plastics News list of highest-paid industry executives, and it's the cash and stock bonuses tied to performance metrics that really set the top of the list apart.

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Ford demonstrates Magna's seamless rear window on new F-150


August 14, 2014 11:34 am ET

DETROIT — Ford Motor Co. today demonstrated its “seamless sliding rear window” feature developed by Canadian supplier Magna International Inc. for the new 2015 Ford F-150 pickups.

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Magna points supply chain toward local sourcing


August 5, 2014 4:37 pm ET

Canadian automotive supplier Magna International Inc. sees local strategy and efficiency improvements as key cost-saving measures within its supply chain.

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Magna expanding interiors site in Slovakia


July 29, 2014 1:47 pm ET

Magna International Inc. plans to nearly double the size of its manufacturing facility in Trnava, in western Slovakia, to accommodate new automotive interiors business.

Magna hiring at two Michigan locations


July 28, 2014 11:43 am ET

Magna Interior Trim Components is adding a total of 169 jobs to two of its Michigan manufacturing facilities.

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