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Magna Expanding Three Locations In Michigan

October 26, 2022 Small - Large Tom Venetis Print Email This Post 40 Views

Magna announced it is investing more than $500 million to expand its operations in three different locations in Southeast Michigan.

Volvo Cars and Northvolt Accelerate Shift to Electrification with Battery Plant in Gothenburg, Sweden

February 8, 2022 Small - Large Tom Venetis Print Email This Post 203 Views

Volvo Cars and Northvolt have selected Gothenburg, Sweden to establish a new battery manufacturing plant which will commence operations in

Magna Takes On Autonomous Vehicle Solutions Provider Optimus Ride

January 11, 2022 Small - Large Tom Venetis Print Email This Post 154 Views

Magna has added more than 120 employees of Optimus Ride, a provider of autonomous vehicle and mobility solutions located in Boston, to

Stellantis and Samsung SDI to Form Joint Venture for Lithium-Ion Battery Production in North America

October 22, 2021 Small - Large Tom Venetis Print Email This Post 258 Views

Stellantis N.V. and Samsung SDI announced that their companies have entered into a memorandum of understanding to form a joint

LG and Magna Sign Joint Venture Agreement and Announce Leadership Team

July 28, 2021 Small - Large Tom Venetis Print Email This Post 243 Views

LG Electronics (LG) and Magna International (Magna) signed the transaction agreement which establishes a joint venture between the two companies.

Magna To Acquire Veoneer

July 26, 2021 Small - Large Tom Venetis Print Email This Post 224 Views

Magna International and Veoneer announced that they have entered into a definitive merger agreement under which Magna will acquire Veoneer, a leader in