27:
773:, for two-piece flexplate assemblies for automotive applications. In October 2007, Magna Powertrain and RICO Auto Industries Ltd, a full-service Indian-based powertrain components and assemblies supplier, signed a 50-50 joint venture to establish a new manufacturing facility located in
248:
for an estimated price of $ 435 million, and integrated it with Magna
Drivetrain. The acquisition helped establish the newly formed Magna Drivetrain group as a major supplier of four-wheel and all-wheel drive systems manufactured in Europe and North America.
377:
Magna
Powertrain is divided into two manufacturing group, their transmission systems and their driveline systems groups. The transmission systems group was formed in 2016 from the acquisition of Getrag. The group produces manual, dual-clutch, and hybrid
232:(through an acquisition), to engineer, develop and assemble automobiles for other companies on a contractual basis. In April 2004, Magna transferred the powertrain operations of Magna Steyr to a new subsidiary called
252:
Tesma was privatized again by Magna in
December 2004. In 2005, Magna merged Magna Drivetrain with Tesma to form Magna Powertrain. In July 2015 Magna Powertrain acquired
256:, a major transmission manufacturer, for $ 1.9 billion. The acquisition gave Magna Powertrain access to Getrag's transmission systems, including recent hybrid designs.
1176:
948:
909:
998:
236:, to focus on engineering and assembly of chassis, driveline subsystems, and modules. Magna stated the new company would better address the growing importance of
1246:
1485:
1155:
209:. It was formed from multiple subsidiaries and acquisitions. In addition to producing transmission systems and drivetrain systems, they also provide
1560:
863:
885:
1051:
780:
In
January 2009, WIA Corporation and Magna Powertrain formed a 50-50 joint ventures to establish a new manufacturing facility located in
225:
to manufacture engine and transmission parts. Tesma was spun off into a public company in 1995 while retaining affiliation with Magna.
777:. The facility produces oil and water pumps with aluminum housings for automotive engine applications for Indian and European markets.
1518:
1513:
1508:
769:
In
November 2006, Magna Powertrain and Amtek Auto Ltd. signed a 50-50 joint venture to establish a manufacturing facility outside of
1239:
1383:
674:
Magna
Powertrain also has offices not located within a manufacturing plant in France, Germany, China, India, Japan, South Korea.
578:
1080:
1478:
1184:
838:
393:
systems. They produce transverse and longitudinal drivetrain layouts for a variety of vehicle types. The company also has a
858:
819:
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1232:
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379:
325:
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135:
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1406:
1296:
799:. The goal of the joint venture is to manufacture electric motors, inverters, on-board chargers and other
394:
210:
156:
45:
795:
and Magna
Powertrain formed a LG majority (51%-49%) joint venture to establish LG Magna e-Powertrain in
365:
1376:
820:"TESMA INTERNATIONAL INC. NOTICE OF SPECIAL MEETING OF HOLDERS OF CLASS A SUBORDINATE VOTING SHARES"
1345:
1255:
785:
290:
206:
174:
55:
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529:
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355:
341:
202:
140:
770:
624:
284:
859:"NOTICE OF SPECIAL MEETING OF HOLDERS OF CLASS A SUBORDINATE VOTING SHARES"
784:, Korea. The facility produces and supplies all-wheel-drive couplings for
722:
634:
583:
561:
490:
439:
280:
245:
240:
powertrains. In
September 2004, Magna acquired the global operations of
796:
774:
695:
639:
629:
612:
600:
539:
478:
431:
423:
320:
26:
1224:
1392:
1279:
999:"Magna will become major transmission player with Getrag acquisition"
700:
651:
427:
415:
411:
253:
79:
1156:"India: Magna Powertrain and Rico Auto sign joint venture agreement"
1463:
1177:"Magna Powertrain Inc.: Private Company Information - Businessweek"
949:"Magna reverses strategy, plans to take parts subsidiaries private"
886:"Magna Acquires New Venture Gear from DaimlerChrysler Corporation"
758:
746:
683:
447:
443:
435:
382:
formerly produced by Getrag. The driveline systems group produces
337:
276:
781:
734:
663:
351:
329:
1467:
1365:
1228:
924:"Magna and Tesma announce agreement for privatization of Tesma"
310:
1132:"Magna Powertrain and Amtek Establish Joint Venture in India"
792:
1361:
1206:"LG And Magna Officially Launch LG Magna e-Powertrain"
1527:
1501:
1445:
1399:
1338:
1317:
1262:
180:
168:
149:
128:
118:
106:
88:
61:
51:
41:
33:
1028:"Magna International snaps up Getrag for €1.75bn"
1052:"Form 40-F MAGNA INTERNATIONAL INC For: Dec 31"
1479:
1377:
1240:
410:Magna Powertrain has manufacturing plants in
8:
19:
908:: CS1 maint: numeric names: authors list (
1486:
1472:
1464:
1384:
1370:
1362:
1247:
1233:
1225:
25:
18:
397:group and an engineering services group.
864:U.S. Securities and Exchange Commission
811:
901:
1102:
1100:
1075:
1073:
1071:
884:World-77, Auto Service (2004-05-18).
7:
1021:
1019:
197:is a major American manufacturer of
839:"Magna creates drivetrain division"
1519:New Venture Gear 5600 transmission
1514:New Venture Gear 4500 transmission
1509:New Venture Gear 3500 transmission
14:
1561:Automotive transmission makers
837:Auer, Georg (April 19, 2004).
1:
1026:Sharman, Andy (2015-07-16).
947:Keenan, Greg (2004-10-26).
1577:
1181:Investing.businessweek.com
518:Sterling Heights, Michigan
213:and engineering services.
1437:Getrag F28/6 transmission
264:Major customers include:
24:
1417:Getrag 420G transmission
1270:CTS Fahrzeug-Dachsysteme
326:Stellantis North America
1432:Getrag F25 transmission
1427:Getrag F23 transmission
1422:Getrag F20 transmission
1412:Getrag 282 transmission
1407:Getrag 247 transmission
1297:Eurostar Automobilwerk
1003:Automotive News Europe
928:www.theautochannel.com
496:Ramos Arizpe, Coahuila
221:In 1988, Magna formed
94:; 20 years ago
71:Magna Steyr Powertrain
46:Privately held company
1187:on September 30, 2012
1136:Powertransmission.com
1081:"Facts & Figures"
20:Magna Powertrain Inc.
797:Incheon, South Korea
491:Irapuato, Guanajuato
469:Mississauga, Ontario
406:Manufacturing plants
161:Engineering services
136:Transmission systems
1556:Magna International
1346:Granite Real Estate
1256:Magna International
826:. January 10, 2005.
786:Hyundai Motor Group
291:Mercedes-Benz Group
223:Tesma International
207:Magna International
175:Magna International
92:April 18, 2004
68:Tesma International
21:
1158:. Automotive World
1108:"Magna Powertrain"
954:The Globe and Mail
890:Auto Service World
803:e-drive systems."
625:Changzhou, Jiangsu
16:Automotive company
1543:
1542:
1461:
1460:
1359:
1358:
1056:StreetInsider.com
635:Nanchang, Jiangxi
508:Lansing, Michigan
348:Stellantis Europe
228:In 2001, founded
205:systems owned by
192:
191:
141:Driveline systems
1568:
1535:Magna Powertrain
1495:New Venture Gear
1488:
1481:
1474:
1465:
1453:Magna Powertrain
1386:
1379:
1372:
1363:
1325:Belinda Stronach
1285:New Venture Gear
1275:Magna Powertrain
1249:
1242:
1235:
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1183:. Archived from
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711:Untergruppenbach
630:Ganzhou, Jiangxi
479:Vaughan, Ontario
474:Markham, Ontario
384:four-wheel drive
242:New Venture Gear
234:Magna Drivetrain
195:Magna Powertrain
188:
186:Magna Powertrain
102:
100:
95:
75:New Venture Gear
37:Magna Drivetrain
29:
22:
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1497:
1492:
1462:
1457:
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1395:
1390:
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1355:
1334:
1313:
1307:Magna MILA Plus
1258:
1253:
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1203:
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1032:Financial Times
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844:Automotive News
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767:
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680:
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652:Sanand, Gujarat
648:
621:
609:
597:
570:
558:
526:
513:Muncie, Indiana
504:
487:
464:Aurora, Ontario
460:
408:
403:
388:all-wheel drive
375:
262:
246:DaimlerChrysler
238:all-wheel drive
219:
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121:
114:
98:
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93:
84:
17:
12:
11:
5:
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1351:Stronach Group
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1333:
1332:
1330:Frank Stronach
1327:
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791:In July 2021,
766:
765:Joint ventures
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269:General Motors
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112:Troy, Michigan
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976:
975:"Our History"
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582:
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574:Bad Windsheim
572:
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541:
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531:
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516:
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502:United States
501:
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420:United States
417:
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405:
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398:
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395:metal-forming
392:
389:
385:
381:
380:transmissions
372:
367:
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339:
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295:Mercedes-Benz
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157:Metal-forming
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32:
28:
23:
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1274:
1263:Subsidiaries
1213:. Retrieved
1209:
1200:
1189:. Retrieved
1185:the original
1180:
1171:
1160:. Retrieved
1150:
1139:. Retrieved
1135:
1126:
1115:. Retrieved
1111:
1088:. Retrieved
1084:
1059:. Retrieved
1055:
1046:
1035:. Retrieved
1031:
1007:. Retrieved
1005:. 2015-07-16
1002:
993:
982:. Retrieved
978:
969:
958:. Retrieved
952:
942:
931:. Retrieved
927:
918:
893:. Retrieved
889:
879:
868:. Retrieved
862:
853:
842:
832:
823:
814:
800:
790:
779:
768:
673:
550:Traiskirchen
545:St. Valentin
535:Ilz (Styria)
409:
376:
263:
251:
233:
227:
222:
220:
199:transmission
194:
193:
107:Headquarters
42:Company type
1302:KSU Gazal-1
1292:Magna Steyr
753:South Korea
735:Pune, India
706:St. Georgen
658:South Korea
452:South Korea
230:Magna Steyr
120:Area served
62:Predecessor
1550:Categories
1215:2021-12-11
1191:2016-04-10
1162:2016-04-10
1141:2016-04-10
1117:2021-12-11
1090:2021-12-11
1061:2021-12-11
1037:2021-12-11
1009:2021-12-11
984:2021-12-11
960:2021-12-11
933:2023-01-12
895:2021-12-11
870:2021-12-11
807:References
579:Neuenstein
530:Albersdorf
356:Alfa-Romeo
203:drivetrain
99:2004-04-18
56:Automotive
1528:Successor
1446:Successor
1210:InsideEVs
771:New Delhi
589:Rosenberg
401:Locations
391:driveline
285:Chevrolet
260:Customers
124:Worldwide
1502:Products
1400:Products
904:cite web
723:Shanghai
607:Slovakia
584:Roitzsch
562:Bordeaux
440:Slovakia
373:Products
334:Chrysler
281:Cadillac
150:Services
129:Products
52:Industry
34:Formerly
1339:Related
824:SEC.gov
775:Gurgaon
696:Cologne
690:Germany
670:Offices
640:Tianjin
613:Kechnec
601:Modugno
568:Germany
540:Lannach
524:Austria
432:Germany
424:Austria
366:Lincoln
364:(Ford,
321:Ferrari
217:History
181:Website
97: (
89:Founded
1393:Getrag
1318:People
1280:Getrag
701:Munich
678:France
556:France
485:Mexico
458:Canada
450:, and
428:France
418:, the
416:Mexico
412:Canada
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170:Parent
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979:Magna
759:Seoul
747:Tokyo
741:Japan
729:India
717:China
684:Paris
646:India
619:China
595:Italy
448:India
444:China
436:Italy
338:Dodge
277:Buick
244:from
910:link
782:Asan
664:Asan
386:and
362:Ford
352:Fiat
330:Jeep
315:MINI
301:Tata
201:and
342:Ram
311:BMW
273:GMC
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