Magna wins contract for next-gen GM truck frames

Newswire

* Does not disclose value of contract * Frames to be built in Ontario, Mexico * No new jobs created * Shares up 1.9 percent at C$53.92 TORONTO, Nov 23 (Reuters) - Magna International said on Monday that it has won a contract to make the third generation of frames for General Motors Co's [GM.UL] full-size light-duty pickups and sport utility vehicles. Magna said it would not disclose the amount of the contract. It said the new frames would replace GM's GMT 900, which is the frame ...

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