Magna will additionally present a series of white papers at SAE World Congress, held this April 21-23 in Detroit. These papers will provide additional details on the LCA and other tests which were conducted as part of the MMLV project and how the results were achieved. The MMLV concept is based on the production version of a 2013 Ford Fusion and defines a new aluminum-intensive passenger-car structure. The concept, which also makes use of carbon fiber, magnesium and titanium, reduces the weight of the Fusion to that of a 2013 Ford Fiesta, making the weight of a CD segment family sedan approximately equal to that of a subcompact B-car two vehicle segments lighter without compromising performance or occupant safety. The project includes engineering, prototype vehicle build and selected validation testing associated with a new aluminum-intensive passenger vehicle design architecture, facilitating an extensive use of advanced lightweight and high-strength materials, resulting in environmental and fuel-economy benefits. About Magna International We are a leading global automotive supplier with 313 manufacturing operations and 84 product development, engineering and sales centres in 28 countries. We have approximately 131,000 employees focused on delivering superior value to our customers through innovative processes and World Class Manufacturing. Our product capabilities include producing body, chassis, interior, exterior, seating, powertrain, electronic, vision, closure and roof systems and modules, as well as complete vehicle engineering and https://www.iso.org/caring-about-health-and-safety.html contract manufacturing. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit our website at www.magna.com . THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARD-LOOKING STATEMENTS” UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT https://www.iso.org/isoiec-27001-information-security.html ARE SET OUT IN MAGNA’S REGULATORY FILINGS. PLEASE REFER TO MAGNA’S MOST CURRENT MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA’S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS.
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