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Magna Unveils DHD REX Hybrid Drive for Enhanced EV Range

Flexible, efficient range extension Modular, scalable architecture validated across B-E vehicle segments Ready-to-integrate hybrid system design engineered for global OEM needs AURORA, Ontario, March 24, 2026 (GLOBE NEWSWIRE) -- Magna is expanding its dedicated hybrid portfolio with the introduction of DHD REX, a dedicated hybrid drive for range extended electric vehicles (REEVs) engineered to deliver an electric-like driving experience with instant torque response, smooth and quiet operation, and seamless range extension. The ready-to-integrate system is built on a modular, single‑motor architecture that enables automakers to adapt the solution to meet diverse regulatory, infrastructure, and customer requirements across global markets.

Magna Announces Fourth Quarter 2025 Results and Provides 2026 Outlook

Fourth Quarter 2025 Highlights (1) Magna delivered solid fourth-quarter results, reflecting disciplined execution, and improved operating performance. Year-over-year comparison (fourth quarter of 2025 versus fourth quarter of 2024): Sales increased 2% to $10.8 billion, despite a 1% decline in global light vehicle production Income from operations before income taxes was $114 million, including non-cash impairment charges of $615 million Adjusted EBIT increased 18% to $814 million, with Adjusted EBIT margin expanding 100 basis points to 7.5% Diluted earnings per share was $0.00; Adjusted diluted earnings per share increased 29% to $2.18 Additional Q4 2025 performance: Generated $2.0 billion in cash from operating activities and $1.3 billion in Free Cash Flow Ended 2025 with $1.6 billion of cash Increased our quarterly dividend to $0.495 per share, representing the 16th consecutive year of dividend growth 2026 Outlook Highlights: Magna expects solid top-line performance and sustained progress toward long-term margin objectives.

Magna to Offer DRIVE Hyperion-Compatible ECUs and Tier-1 Integration Services for NVIDIA DRIVE AV

Magna to support OEMs with Hyperion-compatible ECUs and integration services supporting NVIDIA DRIVE AV Capabilities span assisted and automated driving systems across L2++, L3, and L4 autonomy levels Collaboration designed to help OEMs accelerate software-defined vehicle deployment AURORA, Ontario, Jan. 05, 2026 (GLOBE NEWSWIRE) -- Magna today announced an expansion of its strategic collaboration with NVIDIA to support OEM deployments on the NVIDIA DRIVE Hyperion platform. As part of this collaboration, Magna will offer OEMs a comprehensive portfolio of system integration, validation, and vehicle launch services for NVIDIA DRIVE AV stack running on DRIVE AGX Thor accelerated compute.