News Release - Magna Receives Top Supplier Award from Volkswagen
Magna Powertrain is among a small group of suppliers that were recognized for excelling as a global supplier.
“We are honored that Volkswagen has recognized the Magna Powertrain team and our contribution to their success,” said Jake Hirsch, President Magna Powertrain. “This award reflects the considerable efforts we have made to support VW globally by developing and manufacturing innovative All-Wheel Drive systems for them.”
The Volkswagen Group has presented the Group Award to its best suppliers since 2003. The award recognizes suppliers that play key roles in Volkswagen’s global growth.
“Our Volkswagen Group Award is like a small automotive world championship. Our award winners are among the best in the world. Together with our suppliers, we are working on ground-breaking technologies and innovations of a sustained high quality,” said Prof. Martin Winterkorn Chairman of the Board of Management of Volkswagen Aktiengesellschaft.
About Magna Powertrain
Magna Powertrain, an operating group of Magna International, is a global supplier for the automotive industry with full capabilities in powertrain design, development, testing and manufacturing. Complete system integration sets us apart from our competitors, and our innovations make important contributions to the overall performance of vehicles around the world: they aim to improve fuel economy, make vehicles safer and lighter, ensure a pleasurable driving experience, and provide added value to our customers.
In line with increasing environmental pressure, many of Magna Powertrain’s innovations focus on electronically controlled technologies, supporting the quest for improved efficiency and reduced emissions. Manufacturing locations, engineering centers, and sales offices are situated close to our global customer base, stretching throughout all regions of the world.
About Magna International
We are a leading global automotive supplier with 315 manufacturing operations and 82 product development, engineering and sales centres in 29 countries. We have over 128,000 employees focused on delivering superior value to our customers through innovative products and processes, and World Class Manufacturing. Our product capabilities include producing body, chassis, interior, exterior, seating, powertrain, electronic, vision, closure and roof systems and modules, as well as complete vehicle engineering and contract manufacturing. Our Common Shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit our website at www.magna.com.
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