Magna International Full Year 2024 Earnings: EPS Misses Expectations
Full Year 2024 Results Key Financial Results Revenue: US$42.8b (flat on FY 2023).
Magna Built a Battery-Electric Jeep Gladiator
The Magna EtelligentTerrain was built to show off prototype versions of its eBeam axle electric power solution. This Jeep ...
Magna Has Raised Its Dividend 15 Straight Years
As automakers consolidate purchases with fewer suppliers, large vendors such as Magna are in the best position to gain share because they can offer a wide range of parts, modules, and complete systems ...
The Canadian Press on MSN17h
Auto parts maker Magna warns tariffs would be ‘disruptive’ but prepared to face them
Auto parts maker Magna International Inc. is warning tariffs would have a negative impact on the auto industry, but says it's ...
TopSpeed2h
Why Magna Won't Build Its Own Vehicles
Magna makes electronics and lighting systems, they do work in mechatronics, seating, powertrain engineering, body and chassis ...
Seeking Alpha on MSN21h
Magna targets $3.5B free cash flow through 2026 with focus on operational improvements
CEO Swamy Kotagiri highlighted Magna's Q4 2024 achievements, which included a 2% year-over-year increase in sales to $10.6 billion and a 27% rise in EPS to $1.69. He emphasized strong operational ...
The Canadian Press on MSN22h
Auto parts company Magna International reports US$203M Q4 profit, raises dividend
Magna International Inc. raised its dividend as it reported a fourth-quarter profit attributable to the company of US$203 ...
TSX Pitches Lower By Noon
Canada's main stock index fell after weak earnings from consumer discretionary firms Magna and MTY Food on Friday, while ...
Can Canada just build its own cars? Experts say no — here's why, and what we could do instead
U.S. President Donald Trump’s threats of tariffs on Canadian products and his planned imposition of tariffs on imported steel ...