Magna Debuts Scalable, Eco-Friendly ICE to Hybrid Transmission for European OEM
Magna International, Inc. (MGA)
Last magna international, inc. earnings: 2/21 05:00 am
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Source: GlobeNewswire
First high-volume contract award for new product supports various vehicle models globally with ICE transmissionsNew modular Dual Clutch Transmission enables seamless hybrid transition on the same vehicle platform with minor changesEfficient and compact design with optimized torque-to-weight ratio results in lower CO² emissions, contributing to a cleaner future AURORA, Ontario, Oct. 29, 2024 (GLOBE NEWSWIRE) -- Magna is accelerating the industry’s move toward a cleaner future with the debut of its innovative Dual Clutch Transmission Eco (DCT Eco) solution for a European OEM. This contract marks the first high-volume award for the new transmission family and supports various models in global markets with ICE transmissions. A Media Snippet accompanying this announcement is available by clicking on this link. While the awarded business is exclusively for non-hybridized ICE vehicles, Magna’s DCT Eco can be easily tailored to support both ICE and
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News
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MGA
Earnings
- 11/1/24 - Miss
MGA
Sec Filings
- 11/5/24 - Form 6-K
- 11/1/24 - Form 6-K
- 11/1/24 - Form 6-K
- MGA's page on the SEC website