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Corporation
AUTOMOTIVE & TRANSPORTATION | Automobile Manufacturing
magna.com

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Investments

15

Portfolio Exits

5

Partners & Customers

10

About Magna International

Magna International is an automotive supplier that designs, develops and manufactures automotive systems, assemblies, modules, and components, and engineers and assembles complete vehicles, primarily for sale to original equipment manufacturers of cars and light trucks.

Magna International Headquarter Location

337 Magna Drive

Aurora, Ontario, L4G 7K1,

Canada

905-726-2462

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Magna International Web Traffic

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Magna International Rank

Research containing Magna International

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CB Insights Intelligence Analysts have mentioned Magna International in 2 CB Insights research briefs, most recently on Dec 16, 2020.

Latest Magna International News

11:00 EDT Motor Vehicles Parts Market Is Expected To Grow At A 9.1% Rate--Technological Advancement Is A Major Driver

Aug 11, 2022

News provided by Share this article Share this article The Business Research Company's motor vehicle parts market research report expands on key drivers, trends, and growth opportunities in the market. LONDON, Aug. 11, 2022 /PRNewswire/ -- Advances in technology are expected to be a continued driver of motor vehicle parts manufacturing market growth in the forecast period. The global transport manufacturing industry has experienced many technological advances in the last decade, and this trend is expected to intensify. According to Forbes, the ten new motor vehicle parts industry trends to expect by 2020 include autonomous driving, driver override systems, biometric vehicle access, comprehensive vehicle tracking, active window displays, remote vehicle shutdown, active health monitoring, four-cylinder supercars, smart and personalized in-car marketing, and reconfigurable body panels. These innovations are expected to drive the motor vehicle parts manufacturing market during the forecast period. The global motor vehicle parts market size is expected to grow from $2.33 trillion in 2021 to $2.57 trillion in 2022 at a compound annual growth rate (CAGR) of 10.1%. The global motor vehicle parts market growth is expected to reach $3.63 trillion in 2026 at a CAGR of 9.1%. An Overview Of The Motor Vehicle Parts Market In North America The motor vehicle parts manufacturing industry in North America is supported by the large consumer population, high demand for motor vehicles, the presence of large motor vehicle companies, and investments in the electric vehicle industry. For instance, in 2021, General Motors announced an investment of over $1 billion in a plant in Mexico to provide electric vehicles. The facility will begin producing EVs beginning in 2023. The investment includes new capacity for battery packs and electronic components like electric motors and other vehicle parts. COVID-19 Continues To Be A Major Restraint The outbreak of the coronavirus disease (COVID-19) has acted as a massive restraint on the motor vehicle parts manufacturing market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. Transportation manufacturers depend heavily on the supply of parts and components from different countries across the globe. As many governments restricted the movement of goods across countries, manufacturers had to halt production due to a lack of parts and components. Also, sales of new automobiles decreased significantly due to a decline in consumer demand as many countries imposed lockdowns. Key Players In The Market Major companies in the motor vehicle parts market include EXOR Group, Denso Corp, General Motors Co, Robert Bosch GmbH, Aisin Seiki Co Ltd, Continental AG, Fiat Chrysler Automobiles NV, Magna International Inc, Toyota Motor Corp, and SAIC Motor Co Ltd. Check out similar market reports:

Magna International Investments

15 Investments

Magna International has made 15 investments. Their latest investment was in Addionics as part of their Series A on January 1, 2022.

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Magna International Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

1/25/2022

Series A

Addionics

$27M

Yes

14

12/9/2021

Debt

Yulu Bikes

$7M

Yes

1

6/16/2021

Unattributed VC - III

Waymo

$2,500M

No

76

4/5/2021

PIPE

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$99M

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10

3/2/2020

Unattributed VC

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$99M

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10

Date

1/25/2022

12/9/2021

6/16/2021

4/5/2021

3/2/2020

Round

Series A

Debt

Unattributed VC - III

PIPE

Unattributed VC

Company

Addionics

Yulu Bikes

Waymo

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Amount

$27M

$7M

$2,500M

$99M

$99M

New?

Yes

Yes

No

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Co-Investors

Sources

14

1

76

10

10

Magna International Portfolio Exits

5 Portfolio Exits

Magna International has 5 portfolio exits. Their latest portfolio exit was Innoviz Technologies on April 05, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/5/2021

Reverse Merger

$99M

5

3/29/2019

IPO

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$99M

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10

9/20/2018

Divestiture

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$99M

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10

11/3/2017

Acquired

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$99M

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10

1/22/2014

Acquired

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$99M

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10

Date

4/5/2021

3/29/2019

9/20/2018

11/3/2017

1/22/2014

Exit

Reverse Merger

IPO

Divestiture

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

5

10

10

10

10

Magna International Acquisitions

27 Acquisitions

Magna International acquired 27 companies. Their latest acquisition was Optimus Ride on January 11, 2022.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/11/2022

Debt

$99M

$78.33M

Acq - Talent

2

12/13/2021

$99M

Acquired

2

9/3/2020

$99M

Corporate Majority

3

11/21/2019

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$99M

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10

12/18/2018

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$99M

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10

Date

1/11/2022

12/13/2021

9/3/2020

11/21/2019

12/18/2018

Investment Stage

Debt

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$78.33M

Note

Acq - Talent

Acquired

Corporate Majority

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Sources

2

2

3

10

10

Magna International Partners & Customers

10 Partners and customers

Magna International has 10 strategic partners and customers. Magna International recently partnered with LG Electronics on July 7, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

7/29/2022

Partner

South Korea

Apple hires Lamborghini head engineer for car project – report

Instead , LG Chem 's joint venture with Magna International , LG e-Powertrain , was reportedly firming as the chosen manufacturer for the Apple car .

2

7/20/2022

Partner

South Korea

Who Will Build The Apple Car? Here Are The Possible Candidates

But Apple 's relationship with Volkswagen did n't just end with the iBeetle .

1

5/19/2022

Vendor

Canada

BlackBerry, Magna ink multi-year ADAS solutions contract

BlackBerry and Magna have entered into a multi-year agreement to collaborate on various integrated Advanced Driver Assistance Systems solutions .

1

5/18/2022

Partner

Canada

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10

5/18/2022

Vendor

Canada

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10

Date

7/29/2022

7/20/2022

5/19/2022

5/18/2022

5/18/2022

Type

Partner

Partner

Vendor

Partner

Vendor

Business Partner

Country

South Korea

South Korea

Canada

Canada

Canada

News Snippet

Apple hires Lamborghini head engineer for car project – report

Instead , LG Chem 's joint venture with Magna International , LG e-Powertrain , was reportedly firming as the chosen manufacturer for the Apple car .

Who Will Build The Apple Car? Here Are The Possible Candidates

But Apple 's relationship with Volkswagen did n't just end with the iBeetle .

BlackBerry, Magna ink multi-year ADAS solutions contract

BlackBerry and Magna have entered into a multi-year agreement to collaborate on various integrated Advanced Driver Assistance Systems solutions .

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Sources

2

1

1

10

10

Magna International Team

17 Team Members

Magna International has 17 team members, including current Founder, Chief Executive Officer, Joshua Sason.

Name

Work History

Title

Status

Joshua Sason

Mainz

Founder, Chief Executive Officer

Current

Aaron McCarthy

Executive Vice President

Current

John Petroni

Executive Vice President

Current

Bob Galyen

President

Former

Kelei Shen

President, Executive Vice President

Former

Name

Joshua Sason

Aaron McCarthy

John Petroni

Bob Galyen

Kelei Shen

Work History

Mainz

Title

Founder, Chief Executive Officer

Executive Vice President

Executive Vice President

President

President, Executive Vice President

Status

Current

Current

Current

Former

Former

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