Mr. Jake Hirsch reports

MAGNA CELEBRATES FIVE MILLION TRANSFER CASES FOR BMW GROUP

Magna International Inc. reached a significant milestone today: five million Actimax transfer cases produced for BMW Group. Magna has been providing the German automaker with drive systems since 2003, including the Actimax transfer case, which powers the dynamic, fuel-saving all-wheel drive in nearly all BMW xDrive models and is manufactured in Ilz and Lannach, Austria, and Ramos Arizpe, Mexico.

"We are proud of the entire team's commitment as well as the trust that BMW Group has placed in us and our innovative powertrain solutions," said Jake Hirsch, president of Magna Powertrain. "Milestones such as this demonstrate Magna's global leadership position in developing and producing all-wheel-drive and four-wheel-drive systems.

Through its powertrain operating unit, Magna is the largest independent 4WD/AWD supplier globally with 29 per cent of an $8.2-billion consolidated market. All-wheel-drive (AWD) technology, which was once limited to off-road vehicles, is now being used in almost all vehicle segments, including compact cars.

Magna is well positioned to support its global customers as they meet the increasing demand for all-wheel-drive systems and continue to look for innovative powertrain solutions that provide high performance and fuel economy savings.

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