Magna International

Magna-LG to provide parts for General Motors electric vehicles

Magna International and LG Electronics are building a factory in Ramos Airzpe, Mexico that will supply electric vehicle parts to General Motors by 2023. The plant, which is being constructed

Cars5 years ago

Fisker closes deal for Magna to build its SUV

Fisker Inc, which is going public through a merger said on Thursday that auto supplier Magna International will provide the vehicle platform and build the electric automaker’s Ocean SUV. As part

BMW6 years ago

Magna International to build dual-clutch and hybrid transmissions for BMW

Canadian auto-parts maker Magna International stated on Wednesday it would construct dual-clutch and hybrid transmissions for German automaker BMW under a multi-year contract. The products will be made at Magna’s

Cars7 years ago

Magna partners with BAIC unit to develop electric vehicles in China

Canadian auto parts provider Magna International stated on Monday it would set up two joint ventures with Beijing Electric Vehicle for constructing electric cars in China. The ventures are anticipated

Hybrid8 years ago

Magna to produce BMW 5-series plug-in hybrids

Canadian auto provider Magna International will produce BMW’s brand-new 5-series plug-in hybrid at its Austrian factory, the company stated as part of a strategy to produce electric vehicles on an

General Motors8 years ago

PSA purchases Opel from General Motors, sets recovery objectives

PSA Group has agreed to purchase Opel from General Motors in a deal estimating the company at 2.2 billion euros ($2.3 billion), the company stated, developing a new regional cars

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