Magna Powertrain

Type: Business Segment
On the web: http://www.magnapowertrain.com
Employees: 2,983

Magna Powertrain's operations are not quite as obvious as its name might suggest. An operating group of Canadian auto parts colossus Magna International, the company makes automotive powertrain components. Specific products include four-wheel and all-wheel drive systems (transfer cases, axle drives, manual transaxles), axle modules, transmission parts, and engine systems (water pumps, oil pumps, tubular driveshaft assemblies, oil pans, and cam covers). Magna Powertrain operates about 40 global manufacturing sites. Customers include BMW, Chrysler, Ford, and General Motors.

Key numbers for fiscal year ending December, 2008:
Sales: $278.3M

Officers:
President, Europe and Asia: Wolf-Dietrich Schulz
President, Americas: Greg Deveson
President: Jake V. Hirsch

Competitors:
Dana Holding
Delphi Automotive
Robert Bosch