Division to produce electronic driver assistance systems
ZHANGJIAGANG, China, March 21, 2013 /PRNewswire/ -- Magna International Inc. announced that its Magna Electronics operating unit held a ceremony today to celebrate the start of a new automotive camera production line at its Zhangjiagang plant in China. The facility will produce ReversAid™ cameras, which provide drivers with an undistorted rear view of the vehicle while in reverse.
In addition, later this year the plant will add a production line for its forward facing imaging modules, which assist drivers by automatically reacting to certain driving situations. Both products come from Magna Electronics’ EYERISTM global product line, a comprehensive portfolio of innovative and intelligent driver assistance systems.
"Magna Electronics has been developing advanced driver assistance systems for many years. The startup of these production lines is a great introduction of EYERIS to the Chinese market and demonstrates our capabilities in delivering innovative technologies our customers expect," said Olaf Bongwald, Vice President, Magna Electronics, at the celebration ceremony.
Magna Electronics (Zhangjiagang) Co., Ltd facility, formerly known as Magna Suxing Electronics (Zhangjiagang) Co., Ltd., has approximately 100 employees and supplies components and systems to Ford, General Motors, Honda, Fiat, Geely and Great Wall.
About Magna Electronics
Magna Electronics, an operating unit of Magna International, provides innovative electronic systems through manufacturing facilities and engineering divisions located all over the world. Magna Electronics specializes in camera based driver assistance systems, body systems, intelligent power systems, engine electronics and sensors as well as industrial products. This comprehensive range of electronic controls, actuators, and sensors enables us to provide drivers with systems offering enhanced safety, efficiency, and convenience.
About Magna International
We are a leading global automotive supplier with 313 manufacturing operations and 88 product development, engineering and sales centres in 29 countries. Our 119,000 employees are focused on delivering superior value to our customers through innovative processes and World Class Manufacturing. Our product capabilities include producing body, chassis, interiors, exteriors, seating, powertrain, electronics, mirrors, closures and roof systems and modules, as well as complete vehicle engineering and contract manufacturing. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit our website at www.magna.com.
