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LG and Magna announce billion dollar joint venture in electric car gear

The joint venture, tentatively called LG Magna e-Powertrain and valued at $1 billion, will manufacture e-motors, inverters and onboard chargers, according to LG Electronics.
Canada auto parts giant Magna expanding in China, India

Jim Tobin, Magna's chief marketing officer, said yesterday that Magna plans to build nine new plants in China. Four of them will open this year and five more are scheduled over the next two years.
Jaguar Land Rover plans new plant in Slovakia

The brand, owned by India's Tata Group since 2008, said it was carrying out a feasibility study for a factory in the western Slovak town of Nitra with the aim of reaching an annual output of up to 300,000 cars over the decade from 2018 when the plant would be due to start production

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Magna International

LG and Magna announce billion dollar joint venture in electric car gear

Canada auto parts giant Magna expanding in China, India

Jaguar Land Rover plans new plant in Slovakia