GlobeNewswire

Don Walker, Magna’s Chief Executive Officer

Don Walker, Magna’s Chief Executive Officer

“While we recorded significant non-cash impairment charges this past quarter related to our investment in Getrag’s equity accounted joint ventures, we expect further strong growth in Getrag’s wholly-owned operations. For example we recently announced a business award from BMW, the largest production order for transmission technologies in Magna’s history for dual-clutch transmissions, including hybrid variants.”
Magna International Inc.
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Magna International Inc.

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Magna Announces Third Quarter Results