
by Allison Martell
Canadian auto parts maker and contract manufacturer Magna International Inc said on Tuesday it plans to open two new plants in Gujarat.

by Allison Martell
Canadian auto parts maker and contract manufacturer Magna International Inc said on Tuesday it plans to open two new plants in Gujarat.
Magna International’s Magna Exteriors operating unit is producing the North American automotive industry’s first all-thermoplastic, fully recyclable liftgate module for the 2014 Nissan Rogue crossover utility vehicle.
Magna Exteriors, an operating unit of Magna International, has been awarded new business to supply painted automotive body panels made from carbon fiber composite material for two 2016 model-year vehicles.
To showcase its capabilities, global automotive supplier Magna International Inc. will showcase the MILA Blue vehicle concept at the Geneva Motor Show 2014. MILA Blue is a natural-gas powered, A-segment lightweight vehicle that produces less than 49g CO2/km.
German antitrust authorities searched the offices of Magna International Inc., IAC Group, Faurecia, Borgers AG, Autoneum Germany GmbH and one other automotive supplier Tuesday.
The companies are under investigation on suspicion they have been fixing prices since at least 2002 on floor systems and trunk trim, the Bonn-based authority said on Wednesday.