Full-Time
Lead Designer-Tolerance Management – Sr Lead Engineer
Posted on 11/1/2025
Magna
10,001+ employees
Automotive components and contract manufacturing provider
No salary listed
Pune, Maharashtra, India
In Person
 Mechanical Engineering (3) |
|---|
| , , |
- BE / DME in Mechanical/production/automobile stream
- If BE: 12+ years
- If DME or equivalent: 14+ years
- Critical Skill Sets (Technical): Expert in DVA (Core product knowledge) as; Coordination of requirements and feasibility with customers, program, project, and suppliers; Optimization strategy to enable target achievement; Definition of agreed tolerance and functional dimension concepts; Support the creation and analysis of alignment, clamping and assembly concept and sequence; Preparation of reference point system, gap plans, tolerance data sheets, functional dimension drawings, ...; GD&T consideration as per ASME & ISO standards for various materials used in automotive; Tolerance simulations in 3DCS / Vis VSA and 1D/2D calculations for potential deviations for preventative quality management, (rework minimisation...); Good knowledge of manufacturing processes and measurement equipment, vehicle manufacturing and root cause activity experience
- Critical Skill Sets (Behavioral): Quality Excellence; Presentation Skills; Communication Skills; Problem Solving; Customer/Supplier Relationship management; Innovation; Entrepreneur Thinking; Business Acumen; Market Knowledge
- Proficiency in languages: English - Proficient; Hindi - Proficient; Marathi (local language) – preferred to be capable; Foreign Language – Added advantage
- Ensure the quality of deliverables of the project
- Front end the customer on behalf of the team as required
- Largely work as an individual contributor. However, may be required to handle some junior team members in the project structure.
- Understands the technical requirement of customer and project
- Establish the plan and monitors its progress
- Ensure process compliance in association with the Tech Lead.
- Prepare/verify documentation of important processes/ activities
- Identify best practices
- Leads the technical implementation and functions as a point of escalation for resolution of technical matters.
- Ensures on time resolution of service/ service request from customer.
- Provides technical help to team members
- Assists delivery teams in technical analysis and understanding.
- Support in defining, following and ensuring, administratively where required, participation in technical interviews, departmental procedures, etc.
- Supporting technical trainings / Knowledge Sharing for delivery teams.
- Capture and store reusable information and update database (Knowledge Management, Lessons Learnt).
- Technical mentoring of the juniors in the team.
- Contribute to teams' technical growth by engaging in technical discussions and mentoring
- Conduct Technical interviews at Engineer Level
- Monitor the gaps for self and create a personal development plan in discussion with supervisor for plan on closure of gaps or building new skill
- No. of milestones/ tasks delivered as per plan
- First time technical correct
- Foreign Language – Added advantage
- Marathi (local language) – preferred to be capable
- English - Proficient
- Hindi - Proficient
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
Simplify's Take
What believers are saying
- Q1 2026 adjusted EBIT rose 58% to $558M with 5.4% margin expansion.
- Magna Steyr produces GAC Aion V and UT using Farasis LFP batteries under 2025 agreement.
- China Kunshan facility boosts automation and partnerships with local automakers.
What critics are saying
- $485M write-down from divesting Lighting and Rooftop to Mutares and AURELIUS in H2 2026.
- $591M Electronics impairment reveals weak automated driving demand and overcapacity.
- EU tariffs force low-margin GAC and Xpeng production at Graz, eroding profitability now.
What makes Magna unique
- Magna assembles complete vehicles via Magna Steyr for GAC Aion UT in Graz since March 2026.
- Magna introduced Icon radar in 2018 for Level 5 autonomy and automatic emergency braking.
- Magna's DHD REX hybrid drive offers modular range extension for B-E segment SUVs.
Help us improve and share your feedback! Did you find this helpful?
Benefits
Tuition Reimbursement
Employee Discounts
Company News
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.
Bank of America reinstated coverage of Magna International Inc. with a Buy rating and an $80 price target on 4 March. The firm cited expectations for the North American automotive sector to outperform this year, noting that a regulatory environment potentially favouring internal combustion engine vehicles could benefit suppliers like Magna. Magna reported fourth-quarter sales of $10.8 billion, up 2% year over year. Adjusted EBIT margin expanded by 100 basis points to 7.5%, whilst adjusted earnings per share rose 29% to $2.18. Previously, Morgan Stanley raised its price target to $65 from $54 with an Equal Weight rating, whilst Scotiabank increased its target to $69 from $57 with a Sector Perform rating. The Aurora, Ontario-based company is one of the world's largest independent automotive suppliers.