Magna Car industry supplier wins top VW award for work in Russia
The company has also opened an engineering office in Shenyang, China.
Magna International said it has received the Volkswagen Group Award 2013 in the Global Champion category for achievements in entrepreneurial performance and support of the automaker in emerging markets.
The company reported that it was among 21 suppliers lauded for excelling in the areas of development expertise, product quality, competitiveness, and project management. Magna said it was specifically recognized for flexibility and fast response times in Russia, and for transferring high-quality standards and technology to markets outside Europe.
Magna International CEO Don Walker said, “Our entrepreneurial culture has always been at the heart of our success.” He added that innovation is a high priority for Magna, and the award reflects its commitment to delivering advanced technologies in support of customer growth.
The award honours suppliers that play key roles in carmaker’s global growth. VW management board member Francisco Javier Garcia Sanz said, “It is clear that our global orientation can only be successful if it goes hand in hand with the internationalization of our suppliers.”
Magna sets up engineering centre in China
The company said its Magna Steyr unit opened an engineering centre the Tiexi District of Shenyang, China.
The 1,050 square-meter centre is expected to accommodate more than 100 engineers. With this new location, the company said Magna Steyr can assist automakers’ vehicle engineering projects with speed and efficiency.
Magna said the unit began operations in China in 2004. In addition to the new centre, the division’s footprint in China includes engineering locations in Shanghai, Wuhan and Changchun. With nearly 500 employees, the unit is currently one of the leading automotive engineering service suppliers in the China market, Magna said, adding that the division also has a plant in Changchun producing fuel tanks.