VEHICLE STORAGE ASSEMBLY HAVING RESIDUAL MAGNETIC LATCHING MECHANISM

A vehicle storage assembly of the vehicle is provided. The vehicle storage assembly if the vehicle includes a storage compartment comprising an opening to permit access to the compartment, a door proximate the opening and movable between an open position and a closed position, a latching mechanism comprising a residual magnet for latching a door in the closed position in a first magnetic state and for releasing the door to open to the open position in a second magnetic state, and a proximity switch for activating the latching mechanism to allow the door to move to the open position.