News Release - Magna Receives FCA Supplier of the Year Award
• Magna selected as FCA 2018 Interior Supplier of the Year
• Awarded based on supplier scorecard performance in 2018
• Magna has supplied seats for FCA minivans since the automaker invented the segment in the 1980s
Click here for the PDF version of the release
AURORA, Ontario, July 18, 2019 – Magna has been recognized by FCA with the 2018 Interior Supplier of the Year Award at the automaker’s recent annual supplier conference and award ceremony.
Magna’s interior content to FCA consists of complete seat sets on vehicles such as the Jeep® Grand Cherokee, Dodge Durango and Chrysler Pacifica. Magna has supplied seats for FCA minivans since the automaker invented the segment in the 1980s, and the partnership continues to help make the Pacifica the segment definer, including the development of Stow ‘n Go seating. In its fourth generation today, the current Stow ‘n Go system is an improved version with redesigned seats for easy entry to the third row and added comfort and side support.
Magna earned its FCA Supplier of the Year Award based on 2018 performance in quality, delivery, cost, and warranty – and input from FCA senior leadership.
Award recipients were determined based on an evaluation of each company’s supplier scorecard performance in 2018 – a rating system that evaluates supplier performance in quality, delivery, cost, and warranty – and input from FCA senior leadership.
“On behalf of Magna and our award-winning seating team, we thank FCA for this recognition and look forward to continuing our partnership,” said Mike Bisson, president of Magna Seating. “We take great pride in providing FCA and their vehicle owners with flexible, comfortable, easily reconfigurable seats to suit their lifestyles.”
Automotive supplier awards, FCA, automotive seats
Louis Tonelli, Vice-President, Investor Relations
firstname.lastname@example.org, (+1) 905.726.7035
Tracy Fuerst, Global Director of Corporate Communications & PR
email@example.com, (+1) 248.631.5396
We are a mobility technology company. We have more than 169,000 entrepreneurial-minded employees and 338 manufacturing operations and 89 product development, engineering and sales centres in 28 countries. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mirrors & lighting, mechatronics and roof systems. Magna also has electronic and software capabilities across many of these areas. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit www.magna.com.
# # #
THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARD-LOOKING STATEMENTS” UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA’S REGULATORY FILINGS. PLEASE REFER TO MAGNA’S MOST CURRENT MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA’S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA’S WEBSITE AT WWW.MAGNA.COM.