Magna Awarded Reconfigurable Seating Business With Chinese OEM
Magna International, Inc. (MGA)
Last magna international, inc. earnings: 2/21 05:00 am
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Source: GlobeNewswire
Innovative system offers two rows of seats on long rails with a fully rotating front rowFlexible layout for more in-cabin spaceAward showcases local R&D, complete technology development, and production readiness AURORA, Ontario, June 18, 2024 (GLOBE NEWSWIRE) -- For more than 65 years, Magna has helped redefine the very concept of consumer experience and design in the vehicle. Today, the company has further advanced traditional in-cabin vehicle design with its first awarded contract to deliver a reconfigurable seating system to a Chinese OEM. This innovative technology offers fully rotating front seats paired with long rails, enabling a flexible layout for more in-cabin space. Magna’s reconfigurable seating system allows the vehicle to adapt to the consumer, instead of forcing the consumer to adapt to the vehicle. The integration of power swivel seats with nearly two meters of power long rails, shared by front and rear rows and the center console, creates a 270-degree rotation
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MGA
Earnings
- 5/3/24 - Miss
MGA
Sec Filings
- 6/27/24 - Form 11-K
- 6/5/24 - Form SD
- 5/30/24 - Form 6-K
- MGA's page on the SEC website