News Release

Magna Completes Acquisition of Veoneer Active Safety Business

Strengthens global active safety position with acquisition.
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Hiring at new Brampton, Ontario Facility

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News Release

Magna Awarded New High-Voltage eDrive Business with Europe-Based Global OEM

Today, the company has announced it has been awarded a high-volume contract with a Europe-based Global Premium OEM to supply its new eDrive system (eDS Mid).

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Innovation

The Power of Magna

Our full systems approach, in-depth product expertise, and complete vehicle knowledge enable us to see the complete picture and deliver the innovations that will drive the future of mobility.
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