Magna International Inc. - OMEGA

Logistics Group, L.L.C. owns the remaining 60% equity interest in Modular Automotive Systems and maintains management
control of it. Modular Automotive Systems provides sequencing and sub-assembly services to a number of automobile
manufacturers on a minority credit basis.
Decoma’s operations have grown significantly in recent years through several strategic acquisitions. In October 2000, Decoma
acquired the remaining 49% minority interests in the Conix Group from Visteon Corporation. In January 2001, we sold the assets
of our Magna Exterior Systems group and the shares of Decoma Exterior Trim, Inc. to Decoma as part of the creation of our
automotive systems groups. (See “ITEM 2. GENERAL DEVELOPMENT OF THE BUSINESS - RECENT DEVELOPMENTS IN OUR
BUSINESS - Strategic Acquisitions and Divestitures”.
Intier Automotive Inc.
Intier is a global full-service supplier of automotive interior and closure components, systems and modules for cars and trucks.
Intier employs approximately 20,000 employees at 64 manufacturing facilities (including five joint venture facilities) and 19 product
development, engineering and testing centres in Canada, the United States, Mexico, Brazil, Germany, Austria, the United Kingdom,
France, Spain, Italy, Belgium, Poland, the Czech Republic and China. Intier’s Class A Subordinate Voting Shares are listed and
posted for trading on The Toronto Stock Exchange under the trading symbol “IAI.A” and are listed and quoted for trading on
the Nasdaq National Market under the trading symbol “IAIA”. In calendar 2001, Intier’s sales were approximately $3,268 million
and its operating income was approximately $81 million, representing approximately 31% of our consolidated automotive sales
and approximately 10% of our consolidated operating income, respectively, in that year.
Intier’s main product segments are:
• complete seating systems; • floor and trunk room carpet and acoustics;
• seating hardware; • latching systems;
• cockpit systems; • glass moving systems;
• sidewall systems; • electro-mechanical systems; and
• overhead systems; • system module technologies.
Intier employs a number of different technologies in its operations. For example, seating and seating components are
manufactured using both traditional “cut & sew” technology and Intier’s patented Mold-In-Place TM technology. Manufacturing
methods for cockpit and sidewall systems include low pressure and injection molding, compression of wood fibre, vacuum
forming, slush molding and spray urethane.
Intier’s primary customers include DaimlerChrysler, Ford and General Motors and their respective operating divisions and
subsidiaries, however it also supplies products to a number of other automobile manufacturers, including BMW, Volkswagen,
Fiat, Nissan, Honda and Toyota. Examples of some of Intier’s current programs include the complete seating system, power sliding
door and power liftgate modules for the DaimlerChrysler minivans; the complete seating systems, door panels, overhead system
and other interior trim components for the Ford Escape and Mazda Tribute; the complete seating systems for the Saturn VUE, the
Ford Transit Van, the Mercedes-Benz Vaneo and the Mitsubishi Galant/Eclipse; the cockpit module, centre console and door
panels for the BMW MINI; the cockpit module and overhead system for the Cadillac CTS; the door panels, pillars, luggage
compartment and other interior trim for the BMW 3-series; the complete overhead system, seating mechanisms and window
regulators for the Dodge Ram; the window regulators for the GMC Envoy; the door panels and closure systems for the General
Motors Sierra/Silverado; and the latching systems for the Ford Taurus/Mercury Sable, Jeep Grand Cherokee and Lincoln LS.
As a result of the wide range of interior components, modules and systems that Intier produces, combined with its engineering
and program management capabilities, Intier acted as the program manager for the complete interior (excluding seats and
electronics) for the 1998 Lincoln Navigator, an industry first in North America. Intier is also the systems integrator and program
manager for the complete interior (excluding seats and electronics) of the 2002 Cadillac CTS, the 2003 Cadillac SRX and the 2004
Cadillac STS. In addition, Intier was recently named as the complete interiors integrator and program manager for the General
Motors full-size line of sport utility vehicles, the production of which is expected to commence in 2005. As part of this award, Intier
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