Breadcrumb Home Companies Magna International Subscription Required Automakers & Suppliers Magna Seating plans $100 million plant to serve GM in suburban Detroit Subscription Required Automakers & Suppliers EV tax rules lift Magna Steyr's hopes for U.S. production Subscription Required Suppliers EV push could spur more supplier mergers and acquisitions Subscription Required Suppliers Supplier profits lag even as revenue reaches pre-pandemic levels Subscription Required Suppliers Magna pegs $700M for EV battery enclosures Subscription Required Suppliers Magna investing $350M on battery enclosures factory, 5 other Ontario plants Subscription Required Suppliers Magna spends to build battery enclosures for Chevy Silverado EV Subscription Required Manufacturing Ford's Saarlouis plant attracts Magna, Nedcar as potential new owners Subscription Required Suppliers Magna to buy Veoneer Active Safety for $1.53 billion in bid to boost ADAS business Subscription Required Automakers & Suppliers Fisker says no bank guarantee with partner Magna Steyr Load More Digital Edition THIS WEEK'S EDITION See our archive Fixed Ops Journal Read the issue See our archive Sign up for free newsletters Daily Summary (weekdays) Weekly Summary (Mondays) Breaking News Alerts (as needed) Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. EMAIL ADDRESS Please enter a valid email address. Please enter your email address. Please verify captcha. Please select at least one newsletter to subscribe. See more newsletter options at autonews.com/newsletters. You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy.