Magna Powertrain is an operating unit of Magna International

Magna International

Magna International Inc. , is an automotive supplier headquartered in Aurora, Ontario, Canada. It is Canada's largest automobile parts manufacturer, and one of the country's largest companies. It owns the Magna Steyr automobile production company of Austria....

. In 2004, Magna Drivetrain was created as a result of the acquisition of New Venture Gear

New Venture Gear

New Venture Gear, a division of Magna Powertrain, is a automobile transmission company. It was founded in 1888 under the name "New Process Gear" then in 1934 it was purchased by Walter Chrysler. In 1999 New Process Gear was renamed "New Venture Gear" when it became a joint venture between General...

 merged with Magna Steyr Powertrain. In 2005, Magna Powertrain was founded by the merging Magna Drivetrain, Tesma International and the Engineering Center Steyr (ECS).

Magna Powertrain is a supplier for the global automotive industry with capabilities in powertrain design, development, testing and manufacturing. These capabilities include driveline and chassis control systems, powertrain pumps and controls technologies, stampings, die castings, and Engine & Commercial Vehicle Engineering services.

Magna Powertrain manufactures parts for automakers across the world including AMG, Audi

Audi

Audi AG is a German automobile manufacturer, from supermini to crossover SUVs in various body styles and price ranges that are marketed under the Audi brand , positioned as the premium brand within the Volkswagen Group....

, BMW

BMW

Bayerische Motoren Werke AG is a German automobile, motorcycle and engine manufacturing company founded in 1916. It also owns and produces the Mini marque, and is the parent company of Rolls-Royce Motor Cars. BMW produces motorcycles under BMW Motorrad and Husqvarna brands...

, Brilliance Auto, Buick

Buick

Buick is a premium brand of General Motors . Buick models are sold in the United States, Canada, Mexico, China, Taiwan, and Israel, with China being its largest market. Buick holds the distinction as the oldest active American make...

, Chery, Chevrolet

Chevrolet

Chevrolet , also known as Chevy , is a brand of vehicle produced by General Motors Company . Founded by Louis Chevrolet and ousted GM founder William C. Durant on November 3, 1911, General Motors acquired Chevrolet in 1918...

, Chrysler

Chrysler

Chrysler Group LLC is a multinational automaker headquartered in Auburn Hills, Michigan, USA. Chrysler was first organized as the Chrysler Corporation in 1925....

, Citroën

Citroën

Citroën is a major French automobile manufacturer, part of the PSA Peugeot Citroën group.Founded in 1919 by French industrialist André-Gustave Citroën , Citroën was the first mass-production car company outside the USA and pioneered the modern concept of creating a sales and services network that...

, Daimler, Dodge

Dodge

Dodge is a United States-based brand of automobiles, minivans, and sport utility vehicles, manufactured and marketed by Chrysler Group LLC in more than 60 different countries and territories worldwide....

, Dong Feng, FAW, Ferrari

Ferrari

Ferrari S.p.A. is an Italian sports car manufacturer based in Maranello, Italy. Founded by Enzo Ferrari in 1929, as Scuderia Ferrari, the company sponsored drivers and manufactured race cars before moving into production of street-legal vehicles as Ferrari S.p.A. in 1947...

, Fiat

Fiat

FIAT, an acronym for Fabbrica Italiana Automobili Torino , is an Italian automobile manufacturer, engine manufacturer, financial, and industrial group based in Turin in the Italian region of Piedmont. Fiat was founded in 1899 by a group of investors including Giovanni Agnelli...

, Ford, General Motors

General Motors

General Motors Company , commonly known as GM, formerly incorporated as General Motors Corporation, is an American multinational automotive corporation headquartered in Detroit, Michigan and the world's second-largest automaker in 2010...

, Honda

Honda

is a Japanese public multinational corporation primarily known as a manufacturer of automobiles and motorcycles.Honda has been the world's largest motorcycle manufacturer since 1959, as well as the world's largest manufacturer of internal combustion engines measured by volume, producing more than...

, Hyundai

Hyundai

Hyundai ) is a global conglomerate company, part of the Korean chaebol, that was founded in South Korea by one of the most famous businessmen in Korean history: Chung Ju-yung...

, Iveco, JAC, Jaguar

Jaguar

The jaguar is a big cat, a feline in the Panthera genus, and is the only Panthera species found in the Americas. The jaguar is the third-largest feline after the tiger and the lion, and the largest in the Western Hemisphere. The jaguar's present range extends from Southern United States and Mexico...

, Jeep

Jeep

Jeep is an automobile marque of Chrysler . The first Willys Jeeps were produced in 1941 with the first civilian models in 1945, making it the oldest off-road vehicle and sport utility vehicle brand. It inspired a number of other light utility vehicles, such as the Land Rover which is the second...

, JMC, KTM, Land Rover

Land Rover

Land Rover is a British car manufacturer with its headquarters in Gaydon, Warwickshire, United Kingdom which specialises in four-wheel-drive vehicles. It is owned by the Indian company Tata Motors, forming part of their Jaguar Land Rover group...

, Mahindra, MAN, Mazda

Mazda

is a Japanese automotive manufacturer based in Fuchū, Aki District, Hiroshima Prefecture, Japan.In 2007, Mazda produced almost 1.3 million vehicles for global sales...

, Mercedes-Benz

Mercedes-Benz

Mercedes-Benz is a German manufacturer of automobiles, buses, coaches, and trucks. Mercedes-Benz is a division of its parent company, Daimler AG...

, Mitsubishi

Mitsubishi

The Mitsubishi Group , Mitsubishi Group of Companies, or Mitsubishi Companies is a Japanese multinational conglomerate company that consists of a range of autonomous businesses which share the Mitsubishi brand, trademark and legacy...

, Nissan, Opel

Opel

Adam Opel AG, generally shortened to Opel, is a German automobile company founded by Adam Opel in 1862. Opel has been building automobiles since 1899, and became an Aktiengesellschaft in 1929...

, Peugeot, Porsche

Porsche

Porsche Automobil Holding SE, usually shortened to Porsche SE a Societas Europaea or European Public Company, is a German based holding company with investments in the automotive industry....

, Renault, Saab

Saab

Saab AB is a Swedish aerospace and defence company, founded in 1937. From 1947 to 1990 it was the parent company of automobile manufacturer Saab Automobile, and between 1968 and 1995 the company was in a merger with commercial vehicle manufacturer Scania, known as Saab-Scania.-History:"Svenska...

, SAIC, Samsun, Skoda, Soueast, SsangYong, Suzuki

Suzuki

is a Japanese multinational corporation headquartered in Hamamatsu, Japan that specializes in manufacturing compact automobiles and 4x4 vehicles, a full range of motorcycles, all-terrain vehicles , outboard marine engines, wheelchairs and a variety of other small internal combustion engines...

, Tata, Toyota, Volvo

Volvo

AB Volvo is a Swedish builder of commercial vehicles, including trucks, buses and construction equipment. Volvo also supplies marine and industrial drive systems, aerospace components and financial services...

, and VW.

Joint Ventures

1996 - Magna Powertrain and SHW GMBH sign a joint venture agreement to establish a manufacturing facility in Concord, Ontario for the production of oil pumps.

November 2006 - Magna Powertrain and Amtek Auto Ltd. sign a 50-50 joint venture agreement to establish a manufacturing facility outside of New Delhi, India, for two-piece flexplate assemblies for automotive applications.

October 2007 - Magna Powertrain and RICO Auto Industries Ltd, a full-service Indian-based powertrain components and assemblies supplier, sign a 50/50 joint venture to establish a new manufacturing facility located in Gurgaon, Haryana (India). The facility produces oil and water pumps with aluminum housings for automotive engine applications for Indian and European markets.

January 2009 - WIA Corporation and Magna Powertrain Inc. form a 50:50 joint ventures to establish a new manufacturing facility located in Asan, Korea. The facility produces and supplies all-wheel-drive couplings for Hyundai Kia Motors Group.