magna international

GS Yuasa, the lithium-ion battery maker that recently dissolved its joint venture (JV) with Sanyo, is now eying the possibility of setting up shop with the assistance of Mitsubishi Corp. and Magna International Inc. The Nikkei reports that GS Yuasa will hold a majority stake in a new joint venture ...

Magna International, the world's third-largest automotive parts producer, announced its intentions to establish a new global unit, E-Car Systems, at this year's EcoXperience ride & drive track at the Detroit Auto Show. Now, Magna has opened the doors of its new hybrid and electric vehicle (EV) ...

Magna International has decided that it will invest between $400 million and $600 million in lithium ion battery production over the next three years. The Canadian auto parts supplier will build two production ...

Though it has managed to fly a bit under most people's radar, Magna Internationl Inc., is North America's largest auto parts producer and third in the world. The name might not be commonplace, but it probably should be. We're well aware of the electric vehicle (EV) deal that Magna has going with ...

Magna International, the giant international parts supplier, will use this year's EcoXperience ride & drive track at the Detroit Auto Show as a backdrop to launch their new global unit, E-Car Systems. As one might deduce from its name, this new unit will offer electric technology integration ...

Frank Stronach, founder of Magna International, sees electric vehicles as a key step along the route to his long-time dream of making his company a full automaker. To that end, the company has built several electric drive concepts and is now ...

It looks like Ford won't be the only company getting lithium ion battery packs from Magna International. The Magna Steyr division of the supplier announced last week that it will begin production of packs at its plant in Graz, Austria next month. The packs will be supplied to Volvo for use in its ...

With Magna International set to take control of General Motors' European operations, it will be interesting to see how the Canadian parts supplier and contract manufacturer implements its electrification strategies. Last January, Magna and Ford ...

Magna International's contract manufacturing unit, Magna Steyr, used the Geneva Motor Show to unveiled its Mila EV concept (read more here) last month. The parent company's strong work in the electric vehicle field helped Ford recently unveil ...

You may have heard on the news recently about President Obama's big plan to help auto suppliers. While the OEMs generate most of the auto news headlines, suppliers are a huge part of the auto industry. CNN offers a good story on how the strides that ...