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Magna SmartLatch(TM) locks up 2016 PACE Award

Magna SmartLatch™ locks up 2016 PACE Award Magna SmartLatch™ locks u...

articleMagna International Inc.April 19, 20165/company/magna-international-inc/news/magna-smartlatchtm-locks-up-2016-pace-award
Magna SmartLatch(TM) locks up 2016 PACE Award

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[{"type":"text","content":"\n\n\n\nMagna SmartLatch™ locks up 2016 PACE Award\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\nMagna SmartLatch™ locks up 2016 PACE Award\nCanada NewsWire\nAURORA, ON, April 19, 2016\n\n\n\n\n\n\nA new paradigm for automotive door latches, operates 100% electronically\n\n\n\nAURORA, ON, April 19, 2016 /CNW/ - Magna International Inc. has been selected as a 2016 Automotive News PACE Award winner for its SmartLatch™ electronic side-door latch system, the company's fourth PACE Award in the last six years.\n\n(Photo: http://photos.prnewswire.com/prnh/20160419/357106)\n\n\"Our thanks to the judges for recognizing SmartLatch with a PACE Award,\" said John O'Hara, president of Magna Closures. \"Development of the industry's first electronic side-door latch demonstrates our commitment to innovation and should reinforce our leading global market position in automotive latching systems.\"\n\nSmartLatch represents a new paradigm for side-door latches by operating 100% electronically, with no cables, rods or moving handles in the door. The industry-first application of the latch was on the BMW i8, with the system launching soon on a new luxury sedan. Over the next few model years, SmartLatch will launch on a number of additional programs with other customers.\n\nKey benefits of SmartLatch to automakers include significant weight savings compared to mechanical latches, a reduced number of components, the flexibility to be used in any type of car or truck, as well as improved safety, sound quality and vehicle styling. As a result of the elimination of the lock rods, release cables and handles, SmartLatch provides an innovative, lower-cost door latching system to global automakers.\n\n\"We continually strive to deliver smarter products to our customers, which can enhance the comfort and convenience of the person driving the vehicle,\" said Swamy Kotagiri, Magna's Chief Technology Officer. \"SmartLatch is a great example of the innovation strategy, forward thinking and growth opportunities we are capitalizing on because of our co...

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