MAGNA INTERNATIONAL

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Magna International : News Release - Ford Honors Magna at 23rd World Excellence Awards

10/14/2021 | 01:42pm
  • Award recognize top performing suppliers for contributions to Ford's success.
  • Magna won in the Treat Customers Like Family category.
  • Symbolizes long-standing and valued relationship between Ford and Magna

Click here for the PDF version of the release

AURORA, Ontario, October 14, 2021 - Magna has been recognized as a top-performing global supplier at the 23rd annual Ford World Excellence Awards. The company was named as a winner in the Treat Customers Like Family category at Ford Motor Company's virtual event.

We are very proud to accept this prestigious award which is a testament to our team's commitment to foster trusted relationships with our customers. Ford and Magna have worked together for decades - we see our counterparts at Ford as part of our family. Strong relationships like this will be fundamental to our mutual success in these transformative times," said Swamy Kotagiri, Chief Executive Officer of Magna.

"Ford Motor Company's World Excellence Awards recognize our top-performing suppliers around the world for helping bring the Ford+ plan to life," said Hau Thai-Tang, chief product platform and operations officer. "Suppliers like Magna are key to Ford's continued success as we leverage foundational strengths to build new capabilities and enrich customer experiences."

TAGS


Automotive supplier awards, Ford Motor Company

INVESTOR CONTACT

Louis Tonelli, Vice-President, Investor Relations
louis.tonelli@magna.com, 905.726.7035

MEDIA CONTACT

Tracy Fuerst, Vice President, Corporate Communications & PR
tracy.fuerst@magna.com, 248.761.7004

ABOUT MAGNA

Magna is more than one of the world's largest suppliers in the automotive space. We are a mobility technology company with a global, entrepreneurial-minded team of 158,000 employees and an organizational structure designed to innovate like a startup. With 60+ years of expertise, and a systems approach to design, engineering and manufacturing that touches nearly every aspect of the vehicle, we are positioned to support advancing mobility in a transforming industry. Our global network includes 347 manufacturing operations and 87 product development, engineering and sales centres spanning 28 countries.

For further information about Magna [(NYSE:MGA; TSX:MG)], please visit www.magna.com or follow us on Twitter @MagnaInt.

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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 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. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA'S WEBSITE AT WWW.MAGNA.COM.

Disclaimer

Magna International Inc. published this content on 14 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 October 2021 17:41:01 UTC.

© Publicnow 2021
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