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Press Release: Magna Joins The BMW Group, Intel and Mobileye Platform as an Integrator to Bring Autonomous Driving Technology to the Market


- The core partners BMW Group, Intel and Mobileye are developing the self-driving platform for an application in 2021

- Magna will make the technology available to the global marketplace

- Magna is contributing expertise in domain controller and sensor suite

AURORA, ON, Oct. 10, 2017 /CNW/ - The BMW Group, Intel and Mobileye, an Intel company, are on a mission to deliver a self-driving, flexible vehicle platform by 2021. Magna joins as a Tier 1 technology integrator and will help automakers industrialize and customize the domain controller designed by BMW Group, Intel and Mobileye.

"Many of the autonomy challenges the industry is facing can't be handled in isolation," said Magna's Chief Technology Officer Swamy Kotagiri. "I am confident that the many strengths brought forward by each partner will contribute to the delivery of a self-driving platform the market can leverage. We are extremely excited to be one of the early integrators bringing our unique capabilities to the platform."

Through this collaboration, the BMW Group, Intel and Mobileye plan to provide an autonomous vehicle platform that can be flexible and adoptable for integration by multiple automakers.

"We are very pleased to welcome Magna as the next major industry player to support our non-exclusive platform. This underlines the success story we have been writing over the past year with our unique cooperation and it gives us additional boost in creating a leading ecosystem for the industry of autonomous driving," said Klaus Fröhlich, Member of the Board of Management of BMW AG for Development, on behalf of the cooperation of BMW Group, Intel and Mobileye.

"Magna has a long-term experience in integrating complex systems seamlessly onto individual vehicle platforms, while securing differentiation for individual OEM customers."

Magna has been a supplier to the BMW Group on a global scale for many years and a contract vehicle manufacturer for them for more than 15 years.

News Release - Magna Named One of the Best Places to Work in Canada


AURORA, ON, Dec. 7, 2016 /CNW/ - Magna International Inc. announced today it was named among the winners of the Glassdoor Employees' Choice Award, recognizing the Best Places to Work in 2017 in Canada. The Employees' Choice Awards program relies solely on the input of employees, who elect to provide feedback on their jobs, work environments and companies via Glassdoor, a global employer review website.

"We are honored to be ranked as one of the best places to work," said Don Walker, Chief Executive Officer. "We are committed to being an employer of choice and providing a culture that fosters professional growth and equal opportunity to our employees."

Glassdoor evaluated the reviews based on three criteria: quality, quantity and consistency. Magna's overall rating and CEO approval rating were also factored into the methodology.

The Best Places to Work are determined using company reviews shared by Canada-based employees between November 2, 2015, and October 30, 2016.