News Release - Magna Wins Largest Contract for Transmission Technologies in Company History
- Magna to build dual-clutch transmissions including hybrid variants for strategic partner
- Technologies for front-wheel drive vehicle platforms; over 170 different vehicle applications
- Transmissions to be supplied from Magna facilities in
“This new award is another result of Magna’s commitment to delivering high-quality, flexible and innovative transmissions,” said
The transmission technologies will be used in more than 170 different vehicle applications. The new hybrid solution by Magna has no impact on the overall package size of the transmission, which provides manufacturing flexibility to BMW. The hybrid variants also use a compact, 48V high-RPM electric motor within the transmission housing, providing innovative driving features while further improving fuel efficiency.
The transmissions will be built at Magna facilities in Neuenstein,
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We are a mobility technology company. We have more than 168,000 entrepreneurial-minded employees and 347 manufacturing operations and 92 product development, engineering and sales centres in 28 countries. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mirrors & lighting, mechatronics and roof systems. Magna also has electronic and software capabilities across many of these areas. Our common shares trade on the
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Source: Magna International Inc.