Magna
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About Magna
Industries
Automotive & Transportation
AI & Machine Learning
Company Size
10,001+
Company Stage
IPO
Headquarters
Aurora, Canada
Founded
1957
Overview
Company Does Not Provide H1B Sponsorship
Simplify's Take
What believers are saying
- Magna benefits from the growing demand for electric vehicle components.
- Collaboration with Nvidia positions Magna well in the autonomous vehicle market.
- Magna's South Carolina expansion creates 200 jobs, boosting local economy.
What critics are saying
- Increased competition from Spryker's partnership with Daimler Truck in B2B sector.
- Potential delays in SDVerse program could affect Magna's operational efficiency.
- Reliance on Nvidia's Drive AGX system poses risks if supply chain issues arise.
What makes Magna unique
- Magna partners with Nvidia to integrate AI in automotive technologies.
- Magna expands innovation partnership with Mercedes-Benz for advanced mobility solutions.
- Magna's $200M expansion in South Carolina enhances its manufacturing capabilities.
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Funding
Total Funding
$998M
Above
Industry Average
Funded Over
2 Rounds
Benefits
Tuition Reimbursement
Employee Discounts
Company News
Magna International, a leading automotive component supplier, has chosen Nvidia's Drive AGX system to integrate AI capabilities into its vehicles.
General Motors, Magna, and Wipro announced the launch of SDVerse, a B2B sales program designed to streamline the mechanical program purchasing and sourcing operation in March 2024.
AURORA, Ontario, March 18, 2025 (GLOBE NEWSWIRE) - Magna, a global leader in mobility technology, today announced a program in collaboration with NVIDIA to integrate the NVIDIA DRIVE AGX platform within the company's next generation of advanced technology solutions.
Commercial vehicle manufacturer Daimler Truck partnered with composable commerce platform provider Spryker to launch a B2B spare parts marketplace in Europe. The marketplace will make it faster, easier and more convenient for B2B customers to buy spare parts online, Spryker said in a Tuesday (Feb. 11) press release. It will be implemented by Valantic and will be powered in part by Spryker’s out-of-the-box enterprise marketplace and B2B commerce functionality, according to the release
Commercial vehicle manufacturer Daimler Truck partnered with composable commerce platform provider Spryker to launch a B2B spare parts marketplace in Europe. The marketplace will make it faster, easier and more convenient for B2B customers to buy spare parts online, Spryker said in a Tuesday (Feb. 11) press release. It will be implemented by Valantic and will be powered in part by Spryker’s out-of-the-box enterprise marketplace and B2B commerce functionality, according to the release
Magna is Hiring for 428 Jobs on Simplify!
Find jobs on Simplify and start your career today
Mechanical Engineering
153 Open Roles
QA & Testing
29 Open Roles
Software Engineering
23 Open Roles
Electrical Engineering
18 Open Roles
IT & Security
17 Open Roles
Data & Analytics
17 Open Roles
AI & Machine Learning
11 Open Roles
Process Engineering
10 Open Roles
DevOps & Infrastructure
8 Open Roles
Sales & Solution Engineering
3 Open Roles
Engineering Management
2 Open Roles
Architecture & Civil Engineering
2 Open Roles
Operations & Logistics
43 Open Roles
Accounting
28 Open Roles
Finance & Banking
13 Open Roles
Business & Strategy
8 Open Roles
Sales & Account Management
4 Open Roles
Product
3 Open Roles
Consulting
3 Open Roles
Growth & Marketing
3 Open Roles
Content & Writing
1 Open Roles
About Magna
Industries
Automotive & Transportation
AI & Machine Learning
Company Size
10,001+
Company Stage
IPO
Headquarters
Aurora, Canada
Founded
1957
Magna is Hiring for 428 Jobs on Simplify!
Find jobs on Simplify and start your career today
Mechanical Engineering
153 Open Roles
QA & Testing
29 Open Roles
Software Engineering
23 Open Roles
Electrical Engineering
18 Open Roles
IT & Security
17 Open Roles
Data & Analytics
17 Open Roles
AI & Machine Learning
11 Open Roles
Process Engineering
10 Open Roles
DevOps & Infrastructure
8 Open Roles
Sales & Solution Engineering
3 Open Roles
Engineering Management
2 Open Roles
Architecture & Civil Engineering
2 Open Roles
Operations & Logistics
43 Open Roles
Accounting
28 Open Roles
Finance & Banking
13 Open Roles
Business & Strategy
8 Open Roles
Sales & Account Management
4 Open Roles
Product
3 Open Roles
Consulting
3 Open Roles
Growth & Marketing
3 Open Roles
Content & Writing
1 Open Roles