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News: New Contract Awards

	Magna Powertrain Germany GmbH is Porsche's Supplier of the Year more inside Magna Powertrain's Head Office in America has moved more inside Pre-announcement 8. European All-Wheel Drive Congress more inside Magna Powertrain's Head Office will move more inside Magna Powertrain – a Perfect Combination of Experience, Expertise and Global Presences more inside Magna Powertrain Steps Up Activities and Strengthens Relations with Asian Customers more inside 7th All-Wheel Drive Congress Graz more inside 7th All-Wheel Drive Congress Graz, February 2 - 3, 2006 more inside Greg Deveson to join Magna Powertrain as President North America more inside Dr Herbert Demel appointed President of Magna International's global Powertrain Group more inside Magna announces new appointments more inside MAGNA Drivetrain: global market heights scaled with all-wheel drive technology more inside Graz All-Wheel Drive Congress with record attendance more inside 6th All-Wheel Drive Congress Graz: All-wheel drive between motor sports and hybrid drive more inside MAGNA Drivetrain supplies transfer cases for the new Land Rover Discovery III more inside Magna completes acquisition of New Venture Gear more inside Pre-announcement 6th All-Wheel Drive Congress Graz, February 3 - 4, 2005 more inside Magna and DaimlerChrysler Corporation sign agreement concerning New Venture Gear more inside All-wheel drive competence on two pillars: MAGNA Drivetrain and MAGNA STEYR more inside New Contract Awards more inside New all-wheel drive system improves active safety and dynamic handling more inside
Major Contract from General Motors MAGNA Drivetrain announces one of the biggest orders ever awarded in it's 4x4-systems business. The contract is for the development and production of transfer cases for General Motors next generation of full-size pick-up trucks and sport utility vehicles. MAGNA Drivetrain recently began development activities of the new transfer case in its Lannach, Austria facility. New Delivery Order for Volkswagen All-Wheel Drive Systems MAGNA Drivetrain was recently awarded a new contract by Volkswagen AG. The contract includes development and production of a new all-wheel drive system for future Volkswagen models. This award continues the very successful long-term partnership between Volkswagen AG and Magna in respect of all-wheel drive systems. MAGNA Drivetrain currently supplies all-wheel drive components for several Volkswagen, Audi, Seat and Skoda vehicles. The new Volkswagen order confirms MAGNA Drivetrain's strong position in the development and manufacturing of all-wheel drive systems, components and modules for passenger cars, light trucks and off-road vehicles. Lannach, on April 2nd, 2004 VP/Tehe