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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