October 30, 2019 / 2:04 PM / 16 days ago

Magna International to build hybrid transmissions for BMW

Oct 30 (Reuters) - Canadian auto-parts maker Magna International said on Wednesday it would build dual-clutch and hybrid transmissions for German carmaker BMW under a multi-year contract.

The products will be built at Magna’s plants in Germany and Slovakia, the company said.

Magna did not disclose the financial terms of the contract. (Reporting by Dominic Roshan K.L. in Bengaluru)

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