Magna to Showcase Advanced Innovations at Auto Shanghai 2025

Magna

25.78 CHF -35.57%

• Charts
• News
• Analysen

Kaufen Verkaufen

• Magna’s vehicle technologies and high-performance parts and systems to be on display
• Key focus areas include sustainable innovations, ADAS, personalized brand experiences and complete vehicle solutions
• Press conference on April 24 at Magna Booth 2BC011 in Hall 2.2

SHANGHAI, April 08, 2025 (GLOBE NEWSWIRE) -- For over 65 years, Magna has been at the forefront of automotive innovation. For the first time, the company will exhibit at Auto Shanghai 2025, presenting essential vehicle technologies and high-performance parts and systems that are poised to drive the next generation of automotive advancements.

Magna’s strategic roadmap for the future of mobility will be on display at booth 2BC011 in hall 2.2, where the company will also host a press conference at 09:30 on April 24th (Beijing time).

"Magna is committed to driving the future of mobility with advanced systems and components that enhance consumer experiences,” said Sharath Reddy, Senior Vice President, Corporate R&D at Magna. "At Auto Shanghai 2025, we will showcase industry-leading innovations that demonstrate our commitment to helping domestic and global automakers thrive in the region and beyond.”

Magna’s exhibit will focus on four key areas: Sustainable Innovations, Holistic ADAS Systems, Personalized Brand Experiences and Complete Vehicle Solutions. Attendees will see the company’s comprehensive powertrain technologies, reconfigurable seating solution, modular SmartAccess™ power doors, integrated cabin monitoring systems and more.

Today, Magna boasts nearly 70 manufacturing facilities and employs over 30,000 people in China. In 2024, Magna's sales in China increased by 15%, with approximately 60% of these sales coming from domestic OEMs.

For updates and news from Auto Shanghai 2025, please visit magna.com/autoshanghai2025 or follow the company on social media.

INVESTOR CONTACT
Louis Tonelli, Vice President, Investor Relations
louis.tonelli@magna.com ¦ 905.726.7035

MEDIA CONTACT
Cathy Yu, Director, Marketing and Communications, Asia
cathy.yu@magna.com ¦ 1381 6130 579

ABOUT MAGNA INTERNATIONAL
Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team of over 170,000 employees across 341 manufacturing operations and 106 product development, engineering and sales centres spanning 28 countries. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.

For further information about Magna (NYSE:MGA; TSX:MG), please visit www.magna.com or follow us on social.

THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE "FORWARD-LOOKING STATEMENTS” UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA’S REGULATORY FILINGS. PLEASE REFER TO MAGNA’S MOST CURRENT MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA’S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA’S WEBSITE AT WWW.MAGNA.COM.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/11ecb84c-ae5f-4272-8e82-3b2c0cb88636