Weeks after Magna International Inc.’s bid for GM’s European Opel unit fell through, Magna continues to be one of the foremost suppliers to automakers worldwide. Recently, Cosma International, a Magna unit that makes bodies and chassis, got a deal to assemble the frame for General Motors Co.’s next generation of full-sized pickups and SUVs.

In a statement, Magna said that Cosma will produce its third generation of frames for this GM platform. Cosma will build the frames for the high-volume light trucks in St. Thomas, Ontario, and Saltillo, Mexico. According to the Automotive News’ list of top 100 global suppliers, Aurora, Ontario-based Magna ranks fourth, with sales to automakers amounting to $23.3 billion in 2008. This figure makes it the largest supplier in North America. Magna was the preferred bidder to purchase Opel but at the last minute, GM had chosen to keep Opel.

Tags: car news, general motors, GM, magna, magna gm pickups, magna gm suv, magna international

This entry was posted on Wednesday, November 25th, 2009 at 12:09 am and is filed under 2009, 4wheels News, Automakers, Body style, Categories, Compact cars, GM, Pickup Truck, SUV/Crossover, U.S.A., Year, Zone. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.