is a joint venture company formed by Integral Powertrain Ltd. and Magna International in September 2014, which combines Integral Powertrain's unique technologies, engineering and development expertise with Magna's experience in industrialization, global program management and world-class manufacturing footprint.
Integral Powertrain is a powertrain design and development specialist that supports OEMs and Tier 1 suppliers in delivering innovative and competitive products to market.

The company has strong powertrain expertise across a wide range of sectors and markets, including passenger cars, on and off-highway, commercial vehicles, aerospace and motorsport.

Its capabilities include internal combustion engines, boosting and turbo-compounding, CO2 emissions analysis and reduction, emission controls, high-speed and high-power density e-machines, and IPM technology with integrated inverter systems to deliver high-volume hybridisation.
Magna is a leading global automotive supplier with 305 manufacturing operations and 93 product development, engineering and sales centres in 29 countries.

The company focuses on delivering superior value to its customers through innovative products, processes and World Class Manufacturing. Its product capabilities include producing body, chassis, interior, exterior, seating, powertrain, electronic, vision, closure and roof systems and modules, as well as complete vehicle engineering and contract manufacturing.

Magna's common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA).