News Release - Magna Recognized by General Motors as 2015 Supplier of the Year Winner

Magna - GM SOY
AURORA, Ontario, March 14, 2016 – Magna International Inc. is pleased to announce it has received the 2015 General Motors Supplier of the Year award for driveline, lighting and mirrors. The 24th annual awards were given during ceremonies on March 10, 2016, in Detroit, Michigan. 

“We are honored to accept this recognition from our valued customer General Motors,” said Magna CEO Don Walker. “As the entire Magna family continues to provide excellence through innovation and world-class manufacturing, we look forward to further collaboration and growth in support of GM’s global operations.”

The GM Supplier of the Year award began as a global program in 1992. Winning suppliers were chosen by a global team of GM purchasing, engineering, quality, manufacturing, and logistics executives and selected based on performance criteria in Product Purchasing, Indirect Purchasing, Customer Care and Aftersales, and Logistics.

“We are focused on building positive supplier relationships, bringing new, customer-centric innovations to GM, and being the OEM of choice among suppliers,” said Steve Kiefer, GM vice president, Global Purchasing and Supply Chain. “The companies we recognize tonight not only have brought innovation, they delivered it with the quality our customers deserve.”

Magna is General Motors’ largest supplier and supplies a wide variety of innovative products and systems to the global automaker.  In the recognized areas of driveline, lighting and mirrors, Magna supplies GM with industry-leading 4WD systems which help improve performance and fuel efficiency, as well as its Trailer Tow outside mirror with first-to-market ReverseLight, which helps pickup-truck drivers stay safe while towing.

About Magna International
We are a leading global automotive supplier with 305 manufacturing operations and 93 product development, engineering and sales centres in 29 countries. We have over 139,000 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, 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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