Magna Expanding Three Locations In Michigan

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

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

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

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Magna Takes On Autonomous Vehicle Solutions Provider Optimus Ride

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

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

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

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LG and Magna Sign Joint Venture Agreement and Announce Leadership Team

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

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Magna To Acquire Veoneer

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

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