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Magna-BAIC deal raises prospects for an ‘automotive Foxconn’ in China

Published 8y ago

BEIJING (Reuters) – In China, where the future of the car is looking more and more electric, newcomers to the auto industry are looking for partners to help them build their vehicles. Enter Canadian auto supplier Magna International (MG.TO) which aims to spear... More »

Cheap robots may shift car making from China to U.S.: Magna CEO

Published 11y ago

FRANKFURT The falling cost of intelligent robots may help repatriate some car manufacturing work away from low-cost locations like China back to factories in Germany and North America, Donald Walker, Chief Executive of auto supplier Magna told Reuters. Rising ... More »

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