Fisker doesn’t actually build its own vehicles, instead relying on a third party to manufacture the Ocean SUV. Their contractor, Magna Steyr, is forecasting that they don’t expect production to resume, providing yet another bleak […]
Magna International has announced the company is investing $470 million into Ontario-based facilities. The auto parts manufacturer will grow its locations in Guelph, Belleville, Newmarket, Windsor and Penetanguishene. The company is also building a new […]
Canada’s Magna International and LG Electronics announced a joint venture late last year, forming a new company named LG Magna e-Powertrain. The partnership was an attempt to leverage the strengths of each of the companies […]
