-- ne of the auto industry’s first 48-volt mild-hybrid transfer cases -- Achieves up to 10% CO2 savings compared to a two-wheel drive system -- Can be easily integrated into existing drivetrains

SAILAUF, Germany, June 14, 2018 (GLOBE NEWSWIRE) -- Magna is on the fast track to vehicle electrification. With its all-new industry-leading 48-volt transfer case and an array of other 48-volt products, Magna continues to help automakers meet increasingly stringent global CO2 and fuel-economy regulations.

Magna’s etelligentDrive eDS 48V High Performance System is one the first mild-hybrid transfer cases available to automakers. Additionally, it’s a four-wheel drive system that provides CO2 savings of up to 10% and better fuel efficiency compared to a two-wheel drive system.

“With our expanding portfolio of 48-volt products, highlighted by the new mild-hybrid transfer case, we’re giving automakers the flexibility to easily integrate 48-volt drives into their existing drivetrain layouts,” said Swamy Kotagiri, Magna CTO and president of Magna Powertrain. “Our electrification strategy is focused on the need to create powertrain efficiencies while also improving driving dynamics and safety for the consumer.”

Magna continues to be a supplier of choice with its comprehensive portfolio of powertrain products. The company is well-positioned to lead global automakers through the progression from internal combustion engines to hybrids to battery electric vehicles, all with a focus on optimizing vehicle dynamics.

TAGS48-volt transfer case, etelligentDrive, mild-hybrids

INVESTOR CONTACTLouis Tonelli, Vice-President, Investor Relations louis.tonelli@magna.com, (+1) 905.726.7035

MEDIA CONTACTSTracy Fuerst, Global Director of Corporate Communications & PR tracy.fuerst@magna.com, (+1) 248.631.5396

Rej Husetovic, Director Corporate Communications & Media Relations Europe rej.husetovic@magna.com, (+49) 6093 9942-5056

ABOUT MAGNA We have more than 172,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. We are a mobility technology company and one of the world's largest automotive suppliers with 340 manufacturing operations and 93 product development, engineering and sales centres in 28 countries. Our competitive capabilities include body exteriors and structures, power and vision technologies, seating systems and complete vehicle solutions. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit www.magna.com.

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