Full-Time
Program Launch Manager
Updated on 8/1/2026
Magna
10,001+ employees
Automotive components and contract manufacturing provider
No salary listed
Company Does Not Provide H1B Sponsorship
Muncie, IN, USA
In Person
 Business & Strategy (1) |
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- A Bachelor's Degree in Engineering, Business, Program Management, or related field is required.
- A minimum of 8-10 years of progressive experience in automotive program management, product development, operations, or related technical leadership roles is required.
- A minimum of 3-5 years of leadership experience managing Program Managers or cross-functional teams is required.
- Strong technical background with knowledge of automotive systems, manufacturing processes, product development, and launch management is required.
- Demonstrated success managing complex customer programs from acquisition through production is required.
- Strong financial acumen with experience managing program budgets, profitability, business cases, and commercial negotiations is required.
- Advanced proficiency in Microsoft Office, including Excel, PowerPoint, and Word, and familiarity with program management, enterprise resource planning, and customer systems are required.
- A thorough understanding of Advanced Product Quality Planning, Production Part Approval Process, IATF 16949, launch management, and automotive customer requirements is required.
- Exceptional communication, leadership, organizational, and conflict-resolution skills are required.
- The Manager, Program Management provides strategic and technical leadership to the Program Management function and oversees the successful execution of customer programs throughout the entire product lifecycle.
- The role leads a team of Program Managers, ensuring programs are delivered on time, within budget, and in accordance with customer requirements and Magna standards.
- The role develops program management capabilities, standardizes processes, and implements continuous improvement initiatives across the organization.
- The role serves as a key liaison between customers, executive leadership, engineering, operations, sales, purchasing, quality, and finance to ensure alignment of business objectives and successful program execution.
- The role provides leadership, coaching, mentoring, and performance management to Program Managers and associated personnel.
- The role establishes clear objectives, priorities, and development plans for Program Management team members.
- The role promotes accountability, collaboration, continuous improvement, and customer focus within the team.
- The role ensures succession planning, cross-training, and capability development within the Program Management organization.
- The role oversees program execution across all phases of the product lifecycle, from acquisition and quoting through production and end-of-life activities.
- The role ensures adherence to Magna's Global Program Management System and customer-specific requirements.
- The role reviews program timing, financial performance, resource allocation, risk assessments, and escalation plans.
- The role leads management reviews and steering committee meetings for critical programs and strategic customer initiatives.
- The role coordinates resources and removes barriers impacting program objectives to ensure successful launches.
- The role monitors program health metrics and addresses risks related to timing, quality, cost, capacity, and customer satisfaction.
- The role researches, recommends, and leads implementation of enhancements to program management processes, products, tools, and systems.
- The role develops and implements best practices to improve program execution, launch performance, customer satisfaction, and profitability.
- The role analyzes trends, lessons learned, and performance data to identify opportunities for continuous improvement.
- The role supports strategic business planning activities and long-term growth initiatives.
- The role maintains executive-level customer relationships and supports Program Managers in resolving critical customer concerns.
- The role participates in strategic customer reviews, negotiations, and escalation activities.
- The role ensures quotations and business cases align with company profitability objectives and strategic goals.
- The role supports contract reviews, change management activities, claims management, and commercial negotiations throughout program life cycles.
- The role partners with Sales, Engineering, Manufacturing, Quality, Purchasing, Finance, and Operations to ensure alignment and execution of business objectives.
- The role drives cross-functional collaboration to support successful product launches and production performance.
- The role facilitates resolution of complex technical, commercial, operational, and customer issues.
- The role supports and adheres to policies, procedures, and operational guidelines related to the Quality Management System, customer requirements, and environmental health and safety standards.
- The role ensures MAFACT standards are planned and implemented within areas of responsibility to support world-class manufacturing.
- The role maintains compliance with OSHA, ISO, ANSI, and all applicable legislative requirements.
- The role prepares and presents program performance updates to executive leadership.
- The role leads strategic initiatives supporting customer growth, operational excellence, and organizational effectiveness.
- The role performs additional duties and responsibilities as assigned.
- A Master's Degree is preferred.
Magna is a global mobility technology company and one of the world’s largest automotive suppliers. It designs, manufactures, and integrates a wide range of automotive components and systems, including body exteriors and structures, power and vision technologies, seating, and complete vehicle solutions. It differentiates itself by offering integrated end-to-end capabilities—from parts production to full vehicle engineering and contract manufacturing—across a vast global network of 338 plants in 28 countries, with the ability to develop multiple powertrain options in one facility. Its goal is to be a trusted one-stop partner for automakers, helping them move from concept to finished vehicle and accelerate electrification and advanced mobility through global manufacturing and engineering services.
Company Size
10,001+
Company Stage
IPO
Headquarters
Aurora, Canada
Founded
1957
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Simplify's Take
What believers are saying
- Q1 2026 margins expanded 190 points to 5.4% with $372M free cash flow.
- Ford $790M investment secures three new battery enclosure factories for 2025 pickups.
- European mirror-integrated Driver Monitoring deal expands ADAS portfolio across multiple platforms.
What critics are saying
- Lighting and Rooftop disposals cut $1.1B annual Power & Vision revenue within 12 months.
- Net loss and $485M write-down delay 2029 margin target of 4.1% and $1.9B earnings.
- Tariffs and lower production assumptions threaten 2026 sales outlook stability and dividend sustainability.
What makes Magna unique
- Magna uniquely engineers and assembles complete vehicles alongside components, unlike peers.
- It produces conventional and electric powertrains in single plants for EV transition.
- Its behind-the-glass ADAS tech adds safety without visible cockpit hardware additions.
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Integrals Power selected for €9m European LMFP battery project. By Zahra Awan July 1, 2026 3 Mins Read UK battery technology company Integrals Power has been selected to supply its manganese-rich lithium manganese iron phosphate (LMFP) cathode active material to Olimpus, a €9m (US$10.3m) Horizon Europe project to develop and industrialize LMFP battery cells using a European supply chain. Mass production of LMFP cells in Europe is targeted by 2032, with electric vehicles and maritime applications as the primary end uses. Coordinated by Norwegian research organisation SINTEF, Olimpus brings together 16 partners from across the battery value chain, including Volvo Trucks, Magna Steyr, cell manufacturer Verkor, synthetic graphite anode supplier Vianode and Corvus Energy. As well as supplying more than 150kg of LMFP cathode active material, Integrals Power will also be responsible for scaling up and industrializing the manufacturing process and supporting cell prototyping and performance validation. Running until 2030, the project will produce over 130 automotive-grade cells on SINTEF's pilot lines and at Verkor's gigafactory facilities, in both pouch and prismatic form factors and capacities ranging from 10h to 80Ah, with a target energy density of up to 220Wh/kg. Sustainability is a key focus. Water will replace the toxic and highly flammable solvent NMP, a semi-dry electrode coating process will reduce energy use in the drying stage compared to conventional wet slurries, and synthetic graphite for the anode will be used to lower the overall carbon footprint. Compared to nickel cobalt manganese chemistry, NMC81, Olimpus projects a reduction in lifecycle CO[2] -equivalent emissions of approximately 1.8 million metric tons by 2050. Integrals Power founder and CEO Behnam Hormozi said, "Its participation in Olimpus is the clearest demonstration yet that Integrals Power's patented LMFP technology is a key enabler for establishing sovereign battery capability in the UK and Europe. Third-party testing has already proven its high energy density, cycle life and cold weather performance, and this project represents the next milestone in its development as Technology International optimize the materials and processes for scale-up. "A successful transition from fossil fuels to clean energy sources can only be achieved with a robust, transparent, sustainable and cost-effective battery supply chain, and that requires alternatives to cell chemistries and manufacturing reliant on critical minerals and Chinese technology. The Olimpus project is laying the foundations for this, and we are extremely proud to be a part of it." Integrals Power's LMFP material has a high manganese content of 80%, which enables up to 20% greater energy density than conventional LFP while retaining its key advantages of cost, safety and long cycle life. This combination of attributes, together with freedom from expensive nickel and cobalt, makes it a compelling alternative to NMC, which is still the dominant cell chemistry for electric vehicles made by European and North American vehicle manufacturers.
Magna International has agreed to sell its Lighting and Rooftop Systems businesses through three separate transactions, expected to close in the second half of 2026. The divestitures aim to refocus the company on areas aligned with its long-term growth and margin objectives, reshaping its Power & Vision segment. The company's shares recently closed at CA$80.02 on the TSX, trading approximately 22% below the analyst consensus target of CA$97.60. Over the past year, the stock has returned 86.6%, though it has declined 20.3% over five years. Magna currently operates with a group profit margin of approximately 2.0%. Investors will be monitoring how the portfolio restructuring affects margins and earnings stability once the transactions complete.
GAC Aion UT starts production at Magna Steyr in Austria. Contract manufacturer Magna Steyr has begun production of the compact electric vehicle GAC Aion UT. This model is the second electric series produced in Graz by GAC, following the Aion V. For the Chinese OEM, this step represents further localization of production in Europe. By Cora Werwitzke 26.03.2026 - 10:39 Magna Steyr only began producing the mid-size SUV GAC Aion V in Graz last November. Just five months later, the smaller Aion UT has followed suit. This development was reported by the portal CN EV Post, citing official statements from Magna. The collaboration stems from a comprehensive cooperation agreement signed between GAC and Magna in November 2025, which at the time already extended beyond the Aion V. The Aion UT is a battery-electric compact car currently manufactured in China and Thailand. It has been available in its home market since March 2025. Earlier this month, the model made its debut at the Motion Expo automotive trade fair in Graz, Austria. Read its test drive review here. It had already become clear that the model would also be produced at Magna Steyr. In December 2025, an official GAC announcement revealed that the company would use LFP batteries from Farasis Energy for its European models. The Aion UT was mentioned alongside the Aion V as a target model for the battery supply, indirectly confirming that the battery-electric compact car would also be built locally in Europe. The Farasis battery cells are large-format pouch cells with lithium iron phosphate (LFP) chemistry. According to the partners, the total order capacity exceeds 10 GWh, which, in purely mathematical terms, is sufficient for around 100,000 electric vehicles with 100 kWh batteries. However, the exact size and capacity of the batteries remain unknown. Meanwhile, Magna's Austrian plant is increasingly becoming a production hub for Chinese automakers expanding into Europe. Since September, the Magna facility has also been assembling the Xpeng G6 and G9 models. By producing vehicles in Europe, Chinese manufacturers avoid the EU's additional tariffs, which would otherwise apply to electric cars imported from China into the European Union. Importantly, Magna is responsible solely for vehicle production, while distribution of GAC's electric vehicles is handled by the Chinese company itself. "GAC plans to expand into further European markets through new partnerships as well as service and distribution networks," it was stated in December. However, the Canadian group did not specify which markets are being targeted or what production capacities GAC has secured at Magna. The Magna vehicle plant in Graz operates mixed production lines, where internal combustion engine vehicles, hybrids, and electric cars are manufactured side by side. Well-known electric models from the plant include the Jaguar I-Pace and, briefly, the Fisker Ocean (both discontinued), as well as the current Mercedes G-Class with EQ technology and the two Xpeng models. On the internal combustion engine side, the BMW Z4 and Toyota Supra remain in production. cnevpost.com 0 comments. about "GAC Aion UT starts production at Magna Steyr in Austria" Your email address will not be published. Required fields are marked *
Magna International has introduced DHD REX, a dedicated hybrid drive system for range-extended electric vehicles designed to provide electric-like performance with seamless range extension. The ready-to-integrate system features a modular, single-motor architecture adaptable to diverse regulatory and customer requirements across global markets. The system supports multiple operating modes, including electric driving, generating mode and optional parallel hybrid mode, whilst reducing size, weight and system cost. DHD REX is validated for B through E vehicle segments in all-wheel drive layouts, including SUVs, and can be adapted to both internal combustion engine and battery electric vehicle platforms. The launch complements Magna's DHD Duo dual e-motor system, which is already in series production. Diba Ilunga, President of Magna Powertrain, said the solution reflects the company's commitment to flexible, customer-focused electrification pathways.
Magna International has raised CA$120 million in new funding, though shares have weakened recently, falling 1.8% in the latest trading session and 19.2% over the past month. The company currently trades at CA$75.59 per share with a market capitalisation reflecting its CA$42.01 billion in revenue and CA$829 million in net income. Despite short-term pressure, the company has delivered a 50.69% total shareholder return over one year. Analysts suggest the stock is trading 15.7% below its fair value estimate of CA$89.71, with expected margin expansion from operational improvements and restructuring over the next two years. Key risks include weaker vehicle production in major markets and ongoing inflation and labour cost pressures that could impact margins.