2018-07-03

Magna Buys Olsa and Expands Lighting Business

Canadian automotive components supplier, Magna, announced that the company has signed a deal to buy Olsa S.p.A, an Italian automotive lighting producer for approximately 230 million euros. The acquisition will extend Magna’s capability of producing lighting product from designing to manufacturing. 
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Munich, Germany – Valeo, a global leader in automotive lighting, and Ennostar, a global leader in optoelectronic solutions, are collaborating on smart automotive exterior displays. Their first collaborative product is showcased at IAA Mo... READ MORE

The all-new Mercedes-Benz GLC: the highlights For many years, the GLC has been the most popular model from Mercedes-Benz, repeatedly topping the charts as the brand’s bestseller, worldwide. As was the case once again in the first half of... READ MORE