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Magna Corporation

Recent events

Recent events tied to this brand in public sources.

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  1. 2020

    Magna announces majority stake acquisition in Hongli Zhixin seating venture

    Magna signed agreements to expand its existing joint venture with Hongli Zhixin and acquire a majority stake; the transaction was planned for completion in early 2021.

  2. 2020

    Magna wins six 2019 General Motors supplier awards

    Magna won six awards at General Motors' annual supplier awards ceremony, including Supplier of the Year awards for several product areas and an Innovation Award for its FREEFORM seat-cover technology.

  3. 2020

    Sony reveals Vision-S prototype electric car

    Sony revealed its Vision-S prototype electric car at CES 2020. The vehicle was developed with multiple partners and featured 33 sensors, according to the article.