News Release - The Future is Now: Magna International to Attend the 87th International Geneva Motor Show
• Unique contract manufacturing expertise
• FCREEV: Fuel-Cell Range-Extended Electric Vehicle
• Exhibit located in Hall 6, Booth 6261
Please click HERE for a PDF version of the release.
SAILAUF, Germany, March 1, 2017 – Magna International Inc. will showcase its contract manufacturing expertise as well as its drivable FCREEV concept vehicle at this year’s International Geneva Motor Show. The show runs from March 7th to the 19th, and Magna’s exhibit is located in Hall 6, Booth 6261.
Building vehicles as a contract manufacturer remains an important and unique part of Magna’s business. The new BMW 5 Series will roll off the Magna Steyr assembly line in Graz, Austria, starting in spring 2017. The Jaguar I-Pace – a compact, premium SUV/crossover vehicle with a fully electric drive – will follow in early 2018. Magna also contract manufactures the iconic Mercedes-Benz G-Class, which has been built in Graz for more than 37 years.
Magna holds a strong position as a development and manufacturing partner for future-oriented drive concepts in the automotive industry, as demonstrated by the fuel-cell range-extender concept.
The FCREEV concept – a Fuel-Cell Range-Extended Electric Vehicle – combines the benefits of zero-emissions electric driving with the advantages of fast-filling hydrogen fuel tanks, providing an impressive solution for achieving long ranges while driving emissions-free.
“One of our strengths is our contract manufacturing expertise, which puts Magna in a unique position in the global automotive supply industry. We will continue to expand in this area thanks to the trust of our customers,” said Günther Apfalter, President Magna International Europe & Magna Steyr. “In tandem we are also able to combine drive technologies in such a way that customers can benefit from high-performance, cost-effective vehicle concepts.”
louis.tonelli@magna.com, Tel.: 905 726 7035
rej.husetovic@magna.com, (+49-6093) 9942-5056
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THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARDLOOKING 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.
• FCREEV: Fuel-Cell Range-Extended Electric Vehicle
• Exhibit located in Hall 6, Booth 6261
Please click HERE for a PDF version of the release.
SAILAUF, Germany, March 1, 2017 – Magna International Inc. will showcase its contract manufacturing expertise as well as its drivable FCREEV concept vehicle at this year’s International Geneva Motor Show. The show runs from March 7th to the 19th, and Magna’s exhibit is located in Hall 6, Booth 6261.
Building vehicles as a contract manufacturer remains an important and unique part of Magna’s business. The new BMW 5 Series will roll off the Magna Steyr assembly line in Graz, Austria, starting in spring 2017. The Jaguar I-Pace – a compact, premium SUV/crossover vehicle with a fully electric drive – will follow in early 2018. Magna also contract manufactures the iconic Mercedes-Benz G-Class, which has been built in Graz for more than 37 years.
Magna holds a strong position as a development and manufacturing partner for future-oriented drive concepts in the automotive industry, as demonstrated by the fuel-cell range-extender concept.
The FCREEV concept – a Fuel-Cell Range-Extended Electric Vehicle – combines the benefits of zero-emissions electric driving with the advantages of fast-filling hydrogen fuel tanks, providing an impressive solution for achieving long ranges while driving emissions-free.
“One of our strengths is our contract manufacturing expertise, which puts Magna in a unique position in the global automotive supply industry. We will continue to expand in this area thanks to the trust of our customers,” said Günther Apfalter, President Magna International Europe & Magna Steyr. “In tandem we are also able to combine drive technologies in such a way that customers can benefit from high-performance, cost-effective vehicle concepts.”
TAGS
FCREEV, contract manufacturing, Geneva Motor ShowINVESTOR CONTACT
Louis Tonelli, Vice-President, Investor Relationslouis.tonelli@magna.com, Tel.: 905 726 7035
MEDIA CONTACT
Rej Husetovic, Director Corporate Communications & Media Relationsrej.husetovic@magna.com, (+49-6093) 9942-5056
ABOUT MAGNA INTERNATIONAL
We are a leading global automotive supplier with 317 manufacturing operations and 102 product development, engineering and sales centres in 29 countries. We have over 155,000 employees focused on delivering superior value to our customers through innovative products and processes, and World Class Manufacturing. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, electronic, active driver assistance, vision, closure and roof systems. 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 www.magna.com.# # #
THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARDLOOKING 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.