Full Year 2024 Results Key Financial Results Revenue: US$42.8b (flat on FY 2023).

Magna makes electronics and lighting systems, they do work in mechatronics, seating, powertrain engineering, body and chassis ...

HighlightsSales increased 2% to $10.6 billion, in-line with global light vehicle productionDiluted earnings per share of ...

The Magna EtelligentTerrain was built to show off prototype versions of its eBeam axle electric power solution. This Jeep ...

Canadian auto parts manufacturer Magna International (MGA) has cut its forward guidance for this year due to uncertainty ...

Shares are trading defensively, however, as foreign exchange headwinds and industry challenges that include light vehicle ...

Auto parts maker Magna International Inc. is warning tariffs would have a negative impact on the auto industry, but says it's ...

Canadian auto parts maker Magna International cut its 2026 sales estimate while offering a weak revenue forecast for the current year on Friday and said challenges such as uncertain government ...

Magna International reported a 2% year-on-year sales growth for Q4 FY24, reaching $10.63 billion, surpassing expectations. Adjusted EPS of $1.69 exceeded the consensus of $1.52.

Austrian supplier Magna and Mercedes-Benz have expanded their long-term ‘innovation partnership.’ As a result, Magna ...

The latest phase of the partnership is the production of the all-new electric model for Mercedes-Benz’s iconic off-roader.

Magna International expects lower sales over the next two years, below analyst forecasts of growth, as the auto industry faces challenges and uncertainty. For 2025, the Canadian auto-parts maker said ...