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Magna to acquire Veoneer, positioning Magna's ADAS business as a global leader in a fast-growing industry


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Magna
 is more than one of the world s largest suppliers in the automotive space. We are a mobility technology company with a global, entrepreneurial-minded team of 158,000 employees and an organizational structure designed to innovate like a startup. With 60+ years of expertise, and a systems approach to design, engineering and manufacturing that touches nearly every aspect of the vehicle, we are positioned to support advancing mobility in a transforming industry. Our global network includes 347 manufacturing operations and 84 product development, engineering and sales centers spanning 28 countries. For further information about Magna [(NYSE:MGA; TSX:MG)], please visit
Magna Forward-Looking Statements ....

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Automotive Press Releases & News


BDA is pleased to announce that Mutares SE & Co. KGaA (“Mutares”), a listed private equity holding company, has successfully completed the sale of its 73.25% stake in STS Group AG (“STS”). STS develops, manufactures and supplies interior & exterior components made of. - July 05, 2021 - BDA Partners Ltd
FIA Formula 3 driver JM Correa and racing sponsor Step One Automotive Group entered into an agreement today to partner with Operation Motorsport, a veteran-led non-profit whose mission is to engage ill and injured service members and veterans through participation in motorsports activities.
A US. - July 05, 2021 - Step One Automotive Group
The PLC2 Grabber Card PGC-1000 is a high-performance PCIe card with up to 40 Gb Ethernet via a QSFP+ connector. It is ideally suited to enable high-end multi camera video data logging and replaying on mid range PCs, to avoid the need for costly very high-end multiprocessor computers. The board offers up to 24 GB of DDR4 memory ....

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