With the Detroit Auto Show struggling, CES, even more than in recent years, is stepping up its automotive game. Though no major keynotes by auto-company CEOs have been announced to date, the number of companies preparing to show cars or car-related products at the annual consumer electronics gathering in Las Vegas seems to have grown Read More..
Magna, a leading supplier of automotive seating, has announced details of a reconfigurable interior solution which can be custom-adapted for different car-sharing and autonomous-driving scenarios. Its new seating concept creates a flexible cabin for three key use-cases. The concept was developed out of digital and market research with consumers in China, Europe and the US, Read More..
Magna and Innoviz Technologies are to supply LiDAR to BMW Group for upcoming autonomous vehicle platforms. Israeli LiDAR-maker Innoviz is providing one of the first solid-state LiDAR systems (rather than featuring mechanical spinning laser units) under contract for series production with an automotive manufacturer. The Innoviz units will be integrated into Magna’s autonomous driving system Read More..
Magna International will develop a next-generation smart electric vehicle architecture together with China’s Beijing Automotive Industry Holding (BAIC). The Canadian automotive supplier said the architecture will specifically be for the Chinese market, where 700,000 electrified vehicles were sold in 2017. The agreement calls for Magna Steyr, Magna’s Austrian engineering subsidiary, to take a lead role Read More..
Magna will invest 200 million dlrs in ride-sharing company Lyft as part of an agreement to jointly develop and manufacture self-driving systems. The move underscores the Canadian automotive supplier’s ambition to be a leading player in the shift toward autonomous vehicles. The two companies agreed on a multi-year cooperation that will put Magna technology in Read More..
Magna International will unveil its MAX4 autonomous driving platform at the upcoming Frankfurt Auto Show (IAA), underlining how automotive suppliers plan to play a crucial role in the transformation of the car industry. The Canadian supplier, one of the world’s largest, said its platform isÂ a fully integrated, customizable and scalable architecture that can enable level Read More..
Magna International has signed a purchase agreement to buy Germany’s Telemotive, an engineering service provider in the field of automotive electronics. The acquisition aims to bolsterÂ the Canadian automotive supplier group’s expertise in digital technologies. MagnaÂ said that, once the transaction has been approved by regulators, it plans to integrate Telemotive into Graz, Austria-based Magna Steyr, the Read More..
Automotive suppliers are in the midst of a strategic reorientation marked by high investment and stepped-up merger and acquisition activity, according to a new study by Berylls. In 2015, companies especially targetedÂ emissions technologies, autonomous driving systems and alternative powertrains, the strategy consultants said Merger and acquisitions examples cited include Robert Bosch’s battery technology startup SEEO Read More..
The new Opel Insignia will be one of the first cars in Europe to have a camera-based forward-collision warning system, supplier Magna International said. Magna said its Eyeris electronic vision system, which was developed by the Canadian group’s Magna Electronics division, uses a video camera mounted behind the windshield and an advanced image processor to Read More..
Automotive supplier Magna and simulation specialist Tesis Dynaware are combining their simulation products to provide a complete analysis of a car’s energy and thermal management. The two companies are coupling Tesis Dynaware’s DYNA4 full vehicle simulation with Magna’s KULI thermal simulation product to create a comprehensive analysis tool. They said the combined product will be Read More..