<DOCUMENT>
<TYPE>EX-99
<SEQUENCE>2
<FILENAME>nov3_2009exhibit99-1.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
Exhibit 99.1

MAGNA INTERNATINAL INC.
337 Magna Drive
Aurora, ON, Canada L4G 7K1
Tel:  (905) 726-2462
Fax:  (905) 726-7164

PRESS RELEASE

Opel sale process terminated

AURORA, ON, Nov. 3, 2009 - Magna International Inc. (TSX: MG.A, NYSE: MGA) today
 announced that it has been advised by General Motors ("GM") that the GM Board
of Directors has decided to terminate the sale process for Opel.

Siegfried Wolf, Magna's Co-Chief Executive Officer stated: "We understand that
the Board concluded that it was in GM's best interests to retain Opel, which
plays an important role within GM's global organization. We will continue to
support Opel and GM in the challenges ahead and wish to thank everyone who
supported the Opel restructuring process for their tireless efforts and
dedication over the past several months. In particular, we wish to thank our
partner, Sberbank, for its significant contribution and support throughout this
process."

We are the most diversified global automotive supplier. We design, develop and
manufacture technologically advanced systems, assemblies, modules and
components, and engineer and assemble complete vehicles, primarily for sale
to original equipment manufacturers ("OEMs") of cars and light trucks. Our
capabilities include the design, engineering, testing and manufacture of
automotive interior systems; seating systems; closure systems; body and
chassis systems; vision systems; electronic systems; exterior systems;
powertrain systems; roof systems; as well as complete vehicle engineering
and assembly.

We have approximately 72,000 employees in 242 manufacturing operations and 86
product development, engineering and sales centres in 25 countries.

    FORWARD-LOOKING STATEMENTS
    --------------------------
This press release may contain statements that, to the extent that they are not
recitations of historical fact, constitute "forward-looking statements" within
the meaning of applicable securities legislation. Forward-looking statements
may include financial and other projections, as well as statements regarding
our future plans, objectives or economic performance, or the assumptions under-
lying any of the foregoing. We use words such as "may", "would", "could",
"will", "likely", "expect", "anticipate", "believe", "intend", "plan",
"forecast", "project", "estimate" and similar expressions to identify forward-
looking statements. Any such forward-looking statements are based on assump-
tions and analyses made by us in light of our experience and our perception
of historical trends, current conditions and expected future developments,
as well as other factors we believe are appropriate in the circumstances.
However, whether actual results and developments will conform with our
expectations and predictions is subject to a number of risks, assumptions
and uncertainties, including, without limitation: the potential for an
extended global recession, including its impact on our liquidity; the
persistence of low production volumes and sales levels; restructuring
of the global automotive industry and the impact on the financial condition
and credit worthiness of some of our OEM customers, including the potential
that such customers may not make, or may seek to delay or reduce, payments
owed to us; the financial distress of some of our suppliers and the risk of
their insolvency, bankruptcy or financial restructuring; restructuring and/or
downsizing costs related to the rationalization of some of our operations;
impairment charges; shifts in technology; our ability to successfully grow our
sales to non-traditional customers; a reduction in the production volumes of
certain vehicles, such as certain light trucks; our dependence on outsourcing
by our customers; risks of conducting business in foreign countries, including
Russia, India and China; our ability to quickly shift our manufacturing foot-
print to take advantage of lower cost manufacturing opportunities; the termin-
ation or non-renewal by our customers of any material contracts; fluctuations
in relative currency values; our ability to successfully identify, complete
and integrate acquisitions; the continued exertion of pricing pressures by
our customers and our ability to offset price concessions demanded by our
customers; the impact of government financial intervention in the automotive
ndustry; disruptions in the capital and credit markets; warranty and recall
costs; product liability claims in excess of our insurance coverage; changes
in our mix of earnings between jurisdictions with lower tax rates and those
with higher tax rates, as well as our ability to fully benefit tax losses;
other potential tax exposures; legal claims against us; work stoppages and
labour relations disputes; changes in laws and governmental regulations;
costs associated with compliance with environmental laws and regulations;
potential conflicts of interest involving our indirect controlling share-
holder, the Stronach Trust; and other factors set out in our Annual Informa-
tion Form filed with securities commissions in Canada and our annual report
on Form 40-F filed with the United States Securities and Exchange Commission,
and subsequent filings. In evaluating forward-looking statements, readers
should specifically consider the various factors which could cause actual
events or results to differ materially from those indicated by such forward-
looking statements. Unless otherwise required by applicable securities laws,
we do not intend, nor do we undertake any obligation, to update or revise any
forward-looking statements to reflect subsequent information, events, results
or circumstances or otherwise.

For further information: Vincent J. Galifi, Executive Vice-President and Chief
Financial Officer at (905) 726-7100

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