Cosma International awarded frame for GM's next-generation full-size pick-up and SUV platform

AURORA, ON, Nov. 23, 2009 -- Cosma International, an operating unit of Magna International Inc. and a leading global automotive body and chassis systems supplier, announced today that it will supply the frame assembly for General Motors' next generation of full-size light-duty pickups and SUVs. This is the third generation of frames Cosma has been awarded on this platform by GM.

Cosma will produce the new frames from its state-of-the-art manufacturing facilities located in St. Thomas, Ontario, and Saltillo, Mexico.

"Receiving this third-generation frame business from GM is a real testament to our ability to deliver on key areas including cost and quality," said Horst Prelog, President, Cosma International. "GM is a long-term valued customer of ours and we look forward to continuing our partnership with them."

About Cosma

Cosma International (www.cosma.com), an operating unit of Magna International, manufactures a comprehensive range of metal body systems, components, assemblies and modules including complete vehicle frames, chassis systems and body-in-white systems using a variety of innovative processes including hydroforming, stamping and roll forming. Serving customers in the automotive and other industries such as alternative energy, Cosma has 37 manufacturing facilities and 12 product development and engineering centers worldwide.

About Magna International

Magna International (www.magna.com) is the most diversified automotive supplier in the world. We design, develop and manufacture automotive systems, assemblies, modules and components, and engineer and assemble complete vehicles, primarily for sale to original equipment manufacturers of cars and light trucks in North America, Europe, Asia, South America and Africa. Our capabilities include the design, engineering, testing and manufacture of automotive interior systems; seating systems; closure systems; metal body and structural systems; vision systems; electronic systems; exterior systems; powertrain systems; roof systems; as well as complete vehicle engineering and assembly.

We have approximately 72,000 employees in 242 manufacturing operations and 85 product development and engineering centers in 25 countries.