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AURORA, ON/CNW/ - Magna International announced today it will
join the ranks of companies displaying at the 2010 North
American International Auto Show, a first for the world's most
diverse automotive supplier.
The company's exhibit will be located in Michigan Hall from
January 11-15 as part of the EcoXperience ride & drive track and
alternative energy showcase. The exhibit, which will highlight
green-car technologies from across Magna's operating units, will
also introduce E-Car Systems, Magna's newly created global
operating unit that serves as an integrator to Magna's broad
range of electrification capabilities.
The exhibit coincides with Magna's strategy to strengthen its
position as a leader in hybrid and electric vehicle development
and products. This is in direct response to consumer interest
and demand for vehicles that use renewable energy and reduce
dependency on fossil fuels.
"The global trends towards CO(2) reduction and improved fuel
economy are important drivers of future growth in hybrid and
electric vehicles," said Don Walker, co-CEO of Magna
International. "We have been enhancing our capability in this
area by developing systems such as electric motors and motor
control units, chargers, electric pumps, electric drivetrain and
lithium ion battery packs. Our complete-vehicle expertise and
cell-to-pack battery competence, combined with our capabilities
in developing lightweight technologies, adds to our overall
hybrid and electric vehicle competence."
In addition to developing products and technologies to meet
current market demands, Magna has also embarked on the
development of next-generation systems and components. An early
success of the company's efforts is a collaborative project with
Ford Motor Co. on a fully electric, zero-emission BEV to arrive
in the U.S. market in 2011.
Magna is the only supplier with the range of capabilities and
expertise to develop electric/hybrid vehicle components, systems
and sub-systems, and provide complete vehicle integration and
assembly. Additionally, through E-Car Systems, Magna has an even
greater advantage of being able to draw on the resources of
experts in each of these areas as needed on a customer program.
About Magna International
Magna International (www.magna.com) is the most diversified
automotive supplier in the world. We design, develop and
manufacture automotive systems, assemblies, modules and
components, and engineer and assemble complete vehicles,
primarily for sale to original equipment manufacturers of cars
and light trucks in North America, Europe, Asia, South America
and Africa. Our capabilities include the design, engineering,
testing and manufacture of automotive interior systems; seating
systems; closure systems; metal body and structural systems;
vision systems; electronic systems; exterior systems; powertrain
systems; roof systems; hybrid and electric vehicle/systems; as
well as complete vehicle engineering and assembly.
We have approximately 72,000 employees in 242 manufacturing
operations and 85 product development and engineering centers in
25 countries.
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