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Oct 10, 2017

Magna teaming with BMW, Intel on self-driving system

car parts

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AURORA, Ont. - Canadian auto parts maker Magna International Inc. (MG.TO) says it's joining BMW and Intel Corp. to develop a self-driving system for the global vehicle marketplace by 2021.

Magna says the autonomous driving technology will be flexible and adoptable for integration by multiple automakers.

BMW says the Aurora, Ont.-based company has long-term experience in integrating complex systems seamlessly onto individual vehicle platforms.

Magna has been a contract vehicle manufacturer for the BMW Group for more than 15 years.