MAGNA INTERNATIONAL INC. overview

Magna Announces Outlook PR Newswire AURORA, ON, Jan. 11, 2017 Expect continued sales growth – over $43 billion in total sales by 2019 Strong free cash flow generation anticipated over next three years AURORA, ON , Jan. 11, 2017 /PRNewswire/ - Magna International Inc. (TSX: MG; NYSE: MGA) today announced its financial outlook for 2017, along with sales expectations for 2019. In this outlook we have assumed no material unannounced acquisitions or divestitures. In addition, we have assumed that...

Magna demonstrates lightweighting expertise with ultralight door module PR Newswire DETROIT, MI, Jan. 9, 2017 Team reimagined a door architecture from scratch Ultralight design achieves 42.5-percent mass savings Applies to 70 percent of the light vehicle market DETROIT, MI , Jan. 9, 2017 /PRNewswire/ - Magna International Inc., in cooperation with the U.S. Department of Energy (DOE) and partners FCA US and Grupo Antolin , announced it has developed a new, ultralight door architecture that...

CES 2017: Magna and Innoviz partner on LiDAR for autonomous driving systems PR Newswire AURORA, ON, Canada and KFAR SABA, Israel, Dec. 20, 2016 Prototype demo devices unveiled at CES High-definition, solid-state LiDAR enables real-time 3D remote sensing Affordable, compact high performance for the mass market AURORA, ON , Canada and KFAR SABA, Israel , Dec. 20, 2016 /PRNewswire/ - Magna International Inc. and Innoviz Technologies Ltd. announced today that they are partnering to deliver LiDAR...

DENVER, Dec. 15, 2016 (GLOBE NEWSWIRE) -- Foothills Exploration, Inc. (OTC.QB:FTXP) (the “Company” or “FTXP”), an independent oil and gas exploration company engaged in the acquisition and development of oil and gas properties in the Rockies and Gulf Coast, announced today that it has entered into a participation agreement with Magna Operating, LLC, (“Magna Operating”) in relation to the Labokay prospect, covering 240 acres in Calcasieu Parish, Louisiana. Labokay is an amplitude...

Magna Brings Innovative Car of the Future Experience to CES 2017 PR Newswire AURORA, ON, Dec. 14, 2016 Attendees will get a glimpse into the future at Magna's booth through Microsoft's mixed reality HoloLens ADAS simulator provides real-life autonomous driving situations Investing in technologies that make the driver experience safer and smarter AURORA, ON , Dec. 14, 2016 /PRNewswire/ - Magna International Inc., a leader in bringing innovative ideas to the automotive industry, will demonstrate...

Magna secures new seat business PR Newswire AURORA, ON, Dec. 6, 2016 First BMW Group seat programs in Magna's history 230,000-square-foot just-in-time facility Magna's fourth manufacturing plant in South Carolina AURORA, ON , Dec. 6, 2016 /PRNewswire/ - Magna International Inc. announced it has won multiple new seating programs from the BMW Group which will be supplied from a new, state-of-the-art seat manufacturing facility in Spartanburg County, South Carolina . (Photo:...

TSX accepts Notice of Intention to Make Normal Course Issuer Bid PR Newswire AURORA, Ontario, Canada, Nov. 10, 2016 AURORA, Ontario, Canada , Nov. 10, 2016 /PRNewswire/ - Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange ("TSX") had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the "Notice"). Pursuant to the Notice, Magna may purchase up to 38,000,000 Magna Common Shares (the "Bid"), representing approximately 10% of its public...