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September 04, 2023 02:30 ET | Source: Magna International Inc.

LG Magna e-Powertrain Expands Footprint With New Facility in Hungary

MUNICH, Germany, Sept. 04, 2023 (GLOBE NEWSWIRE) -- LG Magna e-Powertrain, the Joint Venture (JV) between LG Electronics (LG) and Magna (Magna) formed in 2021, announced at IAA Mobility 2023 that it...
July 28, 2021 05:00 ET | Source: Magna International Inc.

LG and Magna Sign Joint Venture Agreement and Announce Leadership Team

SEOUL, South Korea and AURORA, Ontario, July 28, 2021 (GLOBE NEWSWIRE) -- LG Electronics (LG) and Magna International Inc. (Magna) today signed the transaction agreement which establishes a joint...
December 22, 2020 23:00 ET | Source: Magna International Inc.; LG Electronics

LG and Magna Enter Joint Venture Agreement to Expand in Powertrain Electrification Market

SEOUL, Korea and AURORA, Ontario, Dec. 22, 2020 (GLOBE NEWSWIRE) -- LG Electronics (“LG”) and Magna International Inc. (“Magna”) announced a joint venture (JV) to manufacture e-motors, inverters and...