UAW organizes Magna seating plant in TennesseeThu, 25, Aug 2016
Workers at Magna's new Spring Hill, Tenn., plant voted nearly unanimously to join the UAW, giving the union a key victory in a right-to-work state. The UAW said workers voted 192-1 to join the union. About 230 workers are employed at the 122,500-square-foot plant, which opened in 2015 and produces seats for the Cadillac XT5 and the GMC Acadia.
Brisk market for supplier M&AMon, 15, Aug 2016
Seemingly unworried about wobbly global markets, automotive suppliers are wheeling and dealing to acquire each other or dump underperforming assets.
Magna Q2 profit jumps on strong vehicle output, sales in N.A., EuropeFri, 05, Aug 2016
Auto parts maker Magna International reported a 3.7 percent rise in quarterly profit, helped by strong vehicle output and sales in North America and Europe.
Magna seeks tech cred as Tesla, Google encroach on auto turfFri, 05, Aug 2016
Magna International's CEO says investors who've been dumping shares in North America's second-largest auto parts maker are overlooking a burgeoning growth driver at the Canadian company -- technology.