05:24:54 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Magna International Inc
Symbol MG
Shares Issued 384,498,983
Close 2016-10-26 C$ 55.09
Market Cap C$ 21,182,048,973
Recent Sedar Documents

Magna Int'l's Eyeris tech used in Ford guidance system

2016-10-26 14:06 ET - News Release

Mr. Swamy Kotagiri reports

MAGNA EYERIS SYSTEM USED IN FORD SUPER DUTY TRAILERING SYSTEM; THE LATEST DRIVER-ASSIST TECHNOLOGY FROM MAGNA, WHICH SUPPLIES VISION-BASED DRIVER-ASSISTANCE SYSTEMS TO MORE THAN 60 PERCENT OF MAJOR AUTOMAKERS

Magna International Inc.'s vision-based driver-assistance technologies are featured in the 2017 Ford Super Duty trailer reverse guidance system.

Magna's Eyeris driver-assistance technology supports the trailer reverse guidance system jointly developed by Magna and Ford. Image-processing software determines the angle between truck and trailer, and provides the most appropriate view to the driver, depending on the trailer's trajectory. Three high-resolution cameras and a colour-coded bird's-eye diagram of the truck help warn the driver of potential jackknife conditions. Additional technology shows the driver the required steering wheel movement for reversing in a straight line.

The Magna camera technology helps make the Super Duty camera and display for trailer reverse guidance exclusive in the pickup truck segment and best in class for any mass-market vehicle. Magna has multiple patents on the trailer angle detection and guidance technology.

Magna's backup driver assistance systems are already used in the F-Series. When designing the all-new Super Duty, Ford Motor Company tapped Magna to build an even more sophisticated towing and trailering system to meet Super Duty customer needs. Because Ford Super Duty drivers tow frequently, Magna worked with the Ford team to develop advanced tools and high-definition cameras to create a 360-degree view for the driver.

"Ford approached Magna to develop a solution for Super Duty customers, for whom trailering and towing is a priority," said Swamy Kotagiri, chief technology officer at Magna. "For two years, dozens of Magna engineers from the United States, Germany and Canada worked together with Ford engineers to develop technology to enable trailer reverse guidance, which makes trailering safer and more convenient. We are proud to support Ford with this innovation."

Trailer reverse guidance is the latest driver-assist technology supplied by Magna, which supplies camera systems to more than 60 per cent of major original equipment manufacturers around the world.

About Magna

The company is a leading global automotive supplier with 309 manufacturing operations, and 99 product development, engineering and sales centres in 29 countries. It has over 152,000 employees.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.