Information Release – 4 Magna Systems Named Finalists for 2022 Automotive News Tempo Awards

  • Multiple improvements from Magna identified as finalists, the most received by any firm
  • Supplemental finalist for Pace Pilot award
  • Speed judges will announce winners at award ceremony on September 19, 2022

Click on right here for the PDF version of the launch

AURORA, Ontario, April 22, 2022 – 4 Magna products and approach improvements were being named as finalists for the 2022 Automotive News Tempo Awards – the most of any enterprise for the award calendar year.

The Magna innovations on the finalist checklist involve:

  • ICON 4D Digital Radar, which scans the environment close to the auto in four dimensions with higher resolution and distinction than analog radar.
  • SmartAccess Ability Doorway with Haptronik Motion Command, a comprehensive run door method that reimagines classic car interactions.
  • Augmented Actuality (AR) High quality Inspection Process, which performs by way of a user-operated tablet and a entire-scale CAD overlay on the actual physical element to understand defects. The tablet guides operators via a standardized phase-by-phase sequence to validate the good quality of the components.
  • Auto Modifying Stability Blocks (AABB), a intelligent die remedy presenting actual-time changes to unpredictable disturbances in the stamping system, removing the need for line stoppages and consumer interference.

The company has gained five Speed Awards in the very last eight years.

Magna also landed a Rate Pilot finalist place with its Aural 5R Alloy, featuring a greater accomplishing alloy for structural apps at a lower charge and reduced carbon footprint. It is the only aluminum die-cast alloy for structural apps designed from 100% recycled resources.

“Having placed several finalists among some the industry’s top rated automotive innovations is a testament to our unmatched capabilities,” stated Swamy Kotagiri, Magna CEO. “Our product groups keep on to thrust the boundaries of innovation in merchandise and approach and it is enjoyable to see that the Speed Award judges concur by naming a lot of of our submissions as finalists.”

The Automotive News Pace Awards, in their 28th year, are presented to suppliers for game-switching product and procedure innovations that have succeeded in achieving the market. Winners will be introduced on Monday, September 19, 2022, and are identified by an impartial panel of judges. Examine additional about the finalists here.

TAGS
ADAS, Radar, Haptics, Electronics, Mechatronics, Exteriors, Physique, Chassis, Buildings

Investor Get in touch with
Louis Tonelli, Vice-President, Trader Relations
[email protected], 905.726.7035

MEDIA Get in touch with
Tracy Fuerst, Vice President, Company Communications & PR
[email protected], 248.631.5396

ABOUT MAGNA
We are a mobility technological know-how corporation. We have extra than 152,000 entrepreneurial-minded workforce and 346 manufacturing functions and 93 item growth, engineering and income centres in 27 countries. We have entire vehicle engineering and agreement production expertise and products capabilities that involve overall body, chassis, exteriors, seating, powertrain, lively driver help, electronics, mechatronics, mirrors, lights, and roof techniques. Our typical shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For additional information and facts about Magna, stop by www.magna.com.

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Grant electrifies Gloucester High’s Automobile Tech System | News

The smooth BMW iX and i4 electric powered autos parked in the mend bay of Gloucester High’s Automotive Tech application have been not there for an oil modify.

In its place, they ended up there to encourage pupils who may well want to grow to be auto professionals, or gross sales or internet marketing pros as the market pivots to electrical cars.

The cars were brought in Thursday for a lunch-time show-and-tell by Lyon-Waugh Vehicle Team as the Gloucester Education Foundation and Gloucester General public Universities announced Lyon-Waugh experienced committed to a different a few-yr, $150,000 grant for the higher school’s Automotive Tech Plan. Lyon-Waugh is led by Gloucester’s Warren Waugh.

This is the next three-calendar year, $150,000 reward built by Lyon-Waugh by the Gloucester Schooling Foundation, for a total of $300,000 around 6 a long time beginning in 2019.

“It is seriously a no-brainer for me to commit in the automotive place to support enrich the division and help by supplying funding to insert an supplemental teacher,” claimed Waugh, in a geared up statement. “Gloucester Substantial is a wonderful college with so quite a few committed instructors and staff, and just one of the most enthusiastic student bodies on the North Shore.”

“It’s wonderful,” explained senior Will Hughes of the grant, “It helps a lot, the funding, like with new tools that we need for the shop. It aids us get our work done a lot quicker and get autos again on the road for individuals who provide them in.”

Equally superior school pupils and 47 college students from the O’Maley Innovation Center School were being on hand to tour the automobile tech and other vocational packages, and they ended up invited to climb inside some Lyon-Waugh’s newest electric powered cars.

“It’s massively essential,” explained Gloucester Education Foundation Executive Director Emily Siegel, “because GEF focuses on funding active and engaged discovering for all college students, and very little is more active and participating than the trades.”

Just as significant as the funding, she stated, was Lyon-Waugh bringing in senior technicians and “geniuses” and the new electric cars and trucks for the teens to working experience.

The income affords the program a second car tech trainer — co-teacher Budd Maciel — making it possible for the high faculty to double the number of learners in the application, in accordance to a press release. The money also goes to components and instruments.

This following grant, Maciel stated, will assist “re-electrify the shop,” bringing in machines to allow pupils to construct a basis operating on electric cars.

“Now the program’s last but not least growing to the point in which we are genuinely happy of it and, like I reported, it is been terrific. So, Warren’s been excellent and this up coming one is going to be an even bigger help,” Maciel mentioned.

Car tech trainer Jack Porter said he was happy to get a preview of the cars and he praised what Waugh has finished for the car tech courses. “Our

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St. Louis-dependent Vehicle Dealership Group Provides Mighty Auto Areas Franchise | News

Mighty Distributing Procedure is happy to welcome the Lou Fusz Automotive Network to its franchise program. Lou Fusz joins a developing list of motor vehicle dealership teams that have vertically built-in a Mighty Auto Parts franchise.

PEACHTREE CORNERS, Ga., April 5, 2022 /PRNewswire-PRWeb/ –Mighty Distributing Program is very pleased to welcome the Lou Fusz Automotive Community to its franchise technique. Lou Fusz joins a increasing list of car or truck dealership teams that have vertically built-in a Mighty Auto Sections franchise. The new portfolio organization, undertaking company as Mighty Distributing of the Midwest, is now the distinctive distributor of Mighty items all over the Greater St. Louis, Missouri marketplace. Celebrating its 70th anniversary, the Lou Fusz Automotive Network was established in 1952 when Louis Fusz, Sr. obtained a Dodge and Plymouth dealership. Currently, the St. Louis, Missouri-dependent business incorporates 12 dealerships and 17 manufacturers: Buick, Chevrolet, Chrysler, Dodge, Jeep, RAM, Ford, GMC, Kia, Mazda, Subaru, Toyota, Honda, Polaris, Indian Bikes, Honda, Slingshot, and Kawasaki. The enterprise is owned and operated by brothers, Patrick, Pete, Lou III, and Randy Fusz. The new Mighty operation will centrally distribute Mighty’s OEM top quality preventive upkeep solutions, store provides, detailing products, gear, and VS7® chemicals to the Lou Fusz dealerships as very well as to wholesale buyers and other non-affiliated automotive enterprises in their special territory.

Randy Fusz mentioned, “We are the 16th automotive dealer group in the country to turn out to be a Mighty distributor. We are enthusiastic to open up a franchise with a company that has been in business for around 50 yrs and has an great track record in communities throughout the U.S.”

Josh D’Agostino, Mighty’s President and CEO mentioned, “The Mighty Loved ones is thrilled to welcome the Lou Fusz Automotive Network into our expanding crew of dealership partners. Our very best-in-class chemical system, termed VS7, together with vehicle visual appeal solutions, shop supplies, and aftermarket pieces aid the Lou Fusz vision of managing their offer chain and maximizing their wholesale profits streams. Randy, Lou III, Patrick, and Pete Fusz guide a great group, and we look ahead to celebrating their future successes.”

About Mighty Distributing Method

Headquartered in Peachtree Corners, GA, Mighty supports 100 franchised distributors in 44 U.S. states and five intercontinental markets. The Mighty Technique functions community provider, stock administration experience, and training in conjunction with in depth choices of OE excellent underhood and undercar areas, VS7® chemical solutions, lubricants, and shop materials. The Mighty enterprise design attracts unbiased fix stores, swift lubes, tire centers and vehicle dealerships in the U.S and overseas. Mighty’s special method of working instantly and solely with automotive pros commenced in 1963.

Media Get hold of

Tracy Buttera, Mighty Vehicle Elements, 800.872.3334, [email protected]

 

Supply Mighty Vehicle Areas

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Nutson’s Weekly Auto News Wrap-up March 13-19, 2022



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AUTO CENTRAL CHICAGO – March 20, 2022; Every Sunday Larry Nutson, The Chicago Car Guy and Executive Producer, with able assistance from senior editor Thom Cannell from The Auto Channel Michigan Bureau, compile The Auto Channel’s “take” on this past week’s automotive news, condensed into easy to digest news Nuggets.

LEARN MORE: Full versions of today’s news nuggets along with thousands of pages of relevant news and opinions, information stored in a million-page library published and indexed on The Auto Channel during the past 25 years. Complete information can be found by copying a bold headline and then inserting into any Site Search Box.

Nutson’s Automotive News Wrap-up – Week Ending March 19, 2022 Below are the past week’s important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as
expertly crafted easy-to-understand automotive universe news nuggets.

* There are various conversations being had in the political arena around the country to temporarily suspend the tax on gasoline due to the current high per-gallon prices at the pump. Will this gas tax suspension issue lead to a new end game? That is, repeal the gas tax and in its place implement use-fees for motor vehicles. With the ever increasing electrification of private passenger cars now might be the time to make the change.

* The semiconductor chip supply shortage has led automakers to ship new vehicles to dealers with some equipment not functioning. Usually this is some customer convenience feature that can be retrofitted later. Ford is the latest to join this practice shipping Explorer vehicles without the rear seat climate control function. BMW, GM and Nissan have shipped vehicles without certain features operating.

* And, it’s not just microchip supply, so says Reuters. War in Ukraine, turmoil in London’s nickel market, the COVID surge in China and an earthquake in Japanese are the newest issues. S&P Global Mobility, formerly known as IHS Markit, slashed its forecast for global vehicle production in 2022 and 2023 by a total of more than 5 million vehicles – 2.6 million lost in each year – and warned the auto industry could lose a total of as many as 8 million vehicles this year and next if supply chain disruptions get worse.

* From Subaru: As the automotive marketplace continues to move towards electrification, Subaru is focused on how our future sports and performance cars should evolve to meet the needs of the changing marketplace and the regulations and requirements for greenhouse gasses (GHG), zero emissions vehicles (ZEV), and Corporate Average Fuel Economy (CAFÉ). As part of that effort, Subaru Corporation is exploring opportunities for the next generation Subaru WRX STI, including electrification. In the meantime, a next generation internal combustion engine WRX STI will not be produced based upon the new WRX platform. The Subaru WRX STI and the STI brand represent the zenith of Subaru’s performance vehicles exemplifying Subaru’s unique DNA and rally heritage. As we look to the future, we also look forward to incorporating the essence of

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Foley White Paper Examines Major Legal Difficulties Going through the Automotive Field in 2022 | News | Press Releases

Foley & Lardner LLP today launched its 9th annual Automotive White Paper inspecting the organization and lawful traits that will influence the automotive industry in the yr ahead.

As the globe enters the third 12 months of the pandemic and second yr of intense offer chain constrictions, automotive suppliers and authentic products companies (OEMs) are no longer trying to determine out when matters will return to “normal” but how they can adapt their functions to be successful in this new and at any time-shifting atmosphere. On top rated of the problems that the automotive field has presently faced, Russia’s invasion of Ukraine is piling on new issues – and threats – to the world’s now battered supply chains and producing functions.

At the exact same time, the acceleration of electrical vehicle (EV) adoption is pushing automakers to transition their fleets, OEMs to create charging and other guidance networks, and the U.S. administration to go laws to construct the necessary infrastructure.

These developments, alongside with the rise of autonomous automobiles (AVs) and automated driving programs (ADSs), are producing a drastic technological know-how-driven change to the automotive sector that will improve how organizations tactic mental residence protection, labor and work, cybersecurity, compliance, acquisitions, and contracts, amid other problems.

All of these components deliver their possess unique lawful difficulties and considerations, which Foley’s Automotive White Paper explores in comprehensive sections:

  • Assume the Unanticipated: Approaching Uncooked Substance Shortages, Labor Concerns, and Freight Raises and Delays in 2022
  • Critical Compliance Updates for Multinational Automotive Businesses
  • NHTSA and Motor Automobile Safety – 2022 Developments
  • 2022 Antitrust Outlook – Substantial Adjustments Under the Biden Administration
  • Nearshoring Tendencies and Significant Considerations When Searching to Mexico
  • Critical Work Troubles Facing Companies in the Automotive Market in 2022
  • OEMs Increasing Provider Obligation for Standard Warranty Statements
  • Probable Silver Lining: Focused Acquisitions
  • Planning for Automated Automobile Polices in the Deal with of Stalled Laws in 2022
  • EV Outlook: Marketplace, M&A, Provide Chain, and Regulatory Developments
  • Driving Sustainability: Automakers Glimpse Further than Electrical Automobiles
  • Putting Brakes on Cybersecurity Threats: Useful Strategies to Mitigate Cybersecurity Possibility

For more than 50 yrs, Foley has been serving automotive sector shoppers all over the world and proceeds to be acknowledged as a worldwide leader in advising automotive suppliers, electric powered automobile manufacturers, superior technological know-how vendors, investors, and mobility corporations. Foley’s team of far more than 85 lawyers with in-depth automotive market encounter advises on a broad variety of legal and business challenges, bringing a distinct target to important parts which include source chain problems, electrified mobility and infrastructure, traders, franchising and distribution, and litigation, which include course motion lawsuits.

To read the comprehensive white paper, click on below.

About Foley & Lardner LLP

Foley & Lardner LLP seems further than the law to aim on the continually evolving requires dealing with our shoppers and their industries. With about 1,100 attorneys in 25 workplaces throughout the United States, Mexico, Europe and Asia, Foley approaches shopper support by to start with knowing our clients’ priorities, aims

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