News Release - Magna recognized with Honda good supplier Award

Aurora, Ontario, April 12, 2016 – Magna International Inc. is pleased to announce that it has received the Good Supplier Award from Honda Motor Company Japan in the Cost Performance category for its rearview cameras. The award was received by the Magna International Japan office in Tokyo.

“This award represents the superior collaboration of our teams in Tokyo with our camera manufacturing facility in Holly, Michigan,” said Swamy Kotagiri, President of Magna Electronics. “Supplying our customers with cost-efficient, innovative products and systems is part of our competitive advantage, and we are honored that Honda has recognized our efforts.”

Magna is a world leader in vision-based driver assistance systems and also supplies rearview cameras on several additional Honda vehicles including the Accord, CRV, Fit/Jazz, City/Grace, HR-V/Vezel, ILX and RDX.  

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 approximately 139,000 employees focused on delivering superior value to our customers through innovative products, 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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