Magna International Inc. is a global leader in the design, engineering, and manufacturing of automotive components and systems for original equipment manufacturers (OEMs) of vehicles and light trucks. The company operates through four distinct segments, each specializing in a specific area of the automotive industry.
The Body Exteriors & Structures segment is responsible for producing a wide range of exterior and structural components, including body and chassis systems, battery enclosures, and engineering and testing services. This segment also manufactures exterior components such as fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and breakthrough lighting systems.
The Power & Vision segment is a leading provider of electric drive systems and components, including electric motors, inverters, onboard chargers, gearboxes, and e-clutch systems. This segment also offers dedicated hybrid drives, dual and hybrid dual clutch transmissions, and manual transmissions, as well as all-wheel drive (AWD) and four-wheel drive (4WD) products and rear drive modules. Additionally, the Power & Vision segment produces transmission and driveline components, internal combustion engine (ICE) components, and advanced driver-assistance systems (ADAS) such as camera modules, radar systems, and domain controllers.
The Seating Systems segment focuses on designing and manufacturing seat structures, mechanisms, and hardware solutions, as well as foam and trim products. This segment provides OEMs with a comprehensive range of seating solutions that meet the highest standards of quality, comfort, and safety.
The Complete Vehicles segment offers vehicle engineering and manufacturing services, providing OEMs with a one-stop-shop solution for the design, development, and production of complete vehicles. This segment leverages Magna's extensive expertise in automotive engineering, manufacturing, and testing to deliver high-quality vehicles that meet the specific needs of OEMs and their customers.
Founded in 1957, Magna International Inc. is headquartered in Aurora, Canada, and has established itself as a trusted partner to the global automotive industry. With a strong commitment to innovation, quality, and customer satisfaction, Magna continues to drive the development of advanced automotive technologies and solutions.