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Magna Powers Ferrari SF90 Stradale With Innovative Dual-Clutch Transmission

Written by Customer Service on . Posted in Public Companies.

Transmission developed in cooperation with FerrariReduced weight and CO2 emissionsHigher torque delivers superior performanceSAILAUF, Germany, Dec. 11, 2019 (GLOBE NEWSWIRE) — In cooperation with the Italian sports car maker Ferarri, Magna has developed and supplies an all-new dual-clutch 8-speed transmission for the Ferrari SF90 Stradale. The innovative, next-generation DCT provides improved torque and shifting while also reducing weight and CO2 emissions.“Being the most recent addition to the Magna dual-clutch transmission family, this transmission sets a new benchmark for super sport applications,” said Dr. Jörg Gindele, Senior Director Engineering at Magna Powertrain, during a speech at the CTI Transmission Symposium in Berlin. “It comes with all attributes necessary for outstanding driving performance in urban traffic as well as on racetracks. Additionally, we integrated new technologies such as a honeycomb housing structure to reduce weight by about 10kg and improve torque-to-weight performance.”“Our team leveraged its industry-leading transmission expertise to develop a completely new product, and we are pleased our collaboration with Ferrari delivered a state-of-the-art DCT,” said Tom Rucker, President of Magna Powertrain.Magna’s DCT powertrain technologies provide a route to energy-efficient, modern mobility by combining lightweight, fuel-efficient technologies with cutting-edge engineering and manufacturing processes. Projects such as the SF90 Stradale transmission ultimately benefit the company’s full line of conventional and hybrid DCTs, as many technologies can be transferred to further improve efficiency, weight and packaging in additional vehicle segments.TAGS
Dual-clutch transmission, plug-in hybrid powertrains, hypercarsINVESTOR CONTACT
Louis Tonelli, Vice-President, Investor Relations
louis.tonelli@magna.com, (+1) 905.726.7035MEDIA CONTACTS
Tracy Fuerst, Global Director of Corporate Communications & PR
tracy.fuerst@magna.com, (+1) 248.631.5396Rej Husetovic, Director Corporate Communications & Media Relations Europe
rej.husetovic@magna.com, (+49) 6093 9942-5056ABOUT MAGNA
We are a mobility technology company. We have more than 166,000 entrepreneurial-minded employees and 346 manufacturing operations and 92 product development, engineering and sales centres in 28 countries. We have complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting and roof systems. Magna also has electronic and software capabilities across many of these areas. 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.THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARD-LOOKING STATEMENTS” UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA’S REGULATORY FILINGS. PLEASE REFER TO MAGNA’S MOST CURRENT MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA’S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA’S WEBSITE AT WWW.MAGNA.COM.A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8432ef9e-e684-4c62-9fa4-1c12bc6efa46 

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