23:30:25 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Magna International Inc
Symbol MG
Shares Issued 380,265,511
Close 2017-05-15 C$ 62.54
Market Cap C$ 23,781,805,058
Recent Sedar Documents

Magna develops ClearView vision system for vehicles

2017-05-15 12:28 ET - News Release

Mr. John O'Hara reports

MAGNA SHINES A LIGHT ON BLIND SPOTS WITH ITS CLEARVIEW VISION SYSTEMS

Magna International Inc., citing statistics from the National Highway Traffic Safety Administration showing that nearly 840,000 blind-spot accidents occur each year in the United States, resulting in 300 fatalities, has developed ClearView to help improve visibility while changing lanes, backing out of a parking space or driving with a vehicle full of cargo.

The ClearView outside mirror combines a self-cleaning camera with a regulatory-compliant side-view mirror to display a live feed inside the vehicle. The camera is mounted on the mirror beyond the widest point of the vehicle to achieve a maximum field of view, enhance the driver's awareness and improve safety. It also can include features such as turn signals, ground illumination and surround-view cameras.

The ClearView inside mirror features the ability to switch between a traditional rear-view mirror and a full-size video display. The video is a live feed from a camera mounted at the back of a vehicle and provides an unobstructed view of what is behind. This can be particularly helpful if passengers and/or cargo inside the vehicle restricts the driver's view using the traditional rear-view mirror.

"The ClearView system combines our leading vision-based expertise with our unmatched mirror capabilities to create a solution that increases safety and gives the driver more information about their immediate surroundings," said John O'Hara, president of Magna Closures and Mirrors.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.