By Jim Tobin Jim Tobin is Chief Marketing Officer and President of Magna Asia, Magna International. He has been the President of Magna Asia at Magna International Inc. since February 2012 and has been its Chief Marketing Officer since May 2010. He served as an Executive Vice President of Sales and Marketing at Cosma International […]
Tag: Magna
Magna, Lyft tie-up complete public road testing
The collaboration between Magna and Lyft has achieved several milestones including the completion of public road testing. The testing included a public autonomous ride-sharing pilot with Level 5 vehicles for Lyft employees. This road test travelled the route between the Level 5 facility in Palo Alto and a Caltrain Station in Northern California. The real-time mapping scenarios and data leveraged during this […]
Tata To Roll Out Multi-axle Buses In India
By Pramod Thomas: Tata Motors, which presented five new transport vehicles at the recently-concluded Busworld India 2018 in Bengaluru, will soon launch Multi-axle Buses in India. The company, which leads the Indian commercial vehicle market with 36 percent share, is reinforcing its portfolio with the new products to tap the emerging opportunities in India’s CV […]
Magna To Jointly Engineer, Build Premium EVs For Chinese Customers
Magna has announced its intention to form two new joint ventures with Beijing Electric Vehicle Co. Ltd (BJEV) for complete vehicle manufacturing as well as engineering of electric vehicles. BJEV, a subsidiary of the BAIC Group for electric cars, and Magna, a global automotive supplier and the world’s leading brand-independent vehicle contract manufacturer, gathered today […]
Magna’s new door latch offers quality doors and quieter car cabins
Magna has developed the Comfort+ door latch to provide quality doors and quieter car cabins. It has secured its first production contract to supply the new latch to a European automaker. Comfort+ turns sliding friction into rolling friction within the mechanics of the door latch, which significantly reduces the efforts required to open and close […]
New cost-efficient 3D surround view system added to ADAS
Renesas Electronics Corporation and Magna aim to accelerate the mass adoption of advanced driving assistance system (ADAS) feature with a new cost-efficient 3D surround view system designed for entry and mid-range vehicles. The 3D surround view system adopts Renesas’ high- performance, low-power system-on-chip (SoC) optimized for the smart camera and surround view systems. By enabling […]
Magna, BAIC Group to develop EV framework in China
Beijing Automotive Industry Holding Company Limited (BAIC) Group and Magna will jointly develop a next-generation smart electric vehicle architecture for the Chinese market. China sold around 700,000 electrified cars in 2017. By 2020, the number of all-electric cars on China’s roads is forecast to reach around five million, due in part to subsidies and quotas […]
Magna, Lyft to jointly develop self-driving systems
Mobility technology company Magna and North America’s fastest growing rideshare company Lyft have inked a multi-year collaboration to jointly fund, develop, and manufacture self-driving systems. In addition to self-driving vehicles that will be deployed on Lyft’s own ridesharing network in the coming years, Magna has the ability to deploy the technologies across a wide range […]
Magna Growth Strategy Pivots Around OEM Move To Asia
By T Murrali: Magna International Inc., a leading global automotive supplier, which has 328 manufacturing plants and 99 product development, engineering and sales centres in 29 countries, is setting up on an average 10 new plants a year, mostly in Asia. With its vision to be the customers’ preferred global supplier partner for the automotive […]
Magna Expands Capacity in Slovakia
Global automotive supplier Magna has relocated to a larger mirror manufacturing facility in Slovakia. The company is investing $30 million to refurbish the building and install a new automated paint line, and the expansion will create approximately 150 new jobs at the facility. The new facility is approximate twice the size of the previous location […]