07:35 AM EDT, 10/29/2024 (MT Newswires) -- Magna (MG.TO, MGA) on Tuesday claimed it is accelerating the industry's move toward a cleaner future with the debut of its innovative Dual Clutch Transmission Eco (DCT Eco) solution for a European OEM. In a statement the company said this contract marks the "first high-volume award for the new transmission family" and supports various models in global markets with ICE transmissions.

Tuesday's statement added: "Efficient and compact design with optimized torque-to-weight ratio results in lower CO2 emissions, contributing to a cleaner future."