Wednesday, October 21, 2015

Magna International Inc.- MG.t

Magna International Inc.- MG.t is a global automotive supplier headquartered in Aurora, Ontario, Canada.

In 2012 it was the largest automobile parts manufacturer in North America by sales of original equipment parts, and one of Canada's largest companies.

On October 9, 2015 the company released News

SAILAUF, Germany, – Magna International Inc. announced that its powertrain manufacturing facility in Benevento, Italy, has reached a significant milestone: five million oil pumps produced for the Fiat 1.4-liter engine since starting production in 2005.

“This production milestone is something our entire team is very proud of,” said Giuseppe Vona, General Manager of Magna Powertrain Italia. “It demonstrates our commitment to manufacturing excellence and our customer’s trust in our ability to deliver a quality product.”

With a team of approximately 85 employees, Magna Powertrain Italia manufactures a variety of oil, water and vacuum pumps for automakers including Fiat, General Motors, BMW, Ford, PSA, Jaguar, Aston Martin and Volvo in its 50,000-square-foot facility.

About Magna International
We are a leading global automotive supplier with 287 manufacturing operations and 81 product development, engineering and sales centres in 29 countries. We have approximately 124,000 employees focused on delivering superior value to our customers through innovative products, processes and World Class Manufacturing. Our product capabilities include producing body, chassis, interior, 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