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

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

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 ...

EXCLUSIVE: Film Constellation has boarded sales on Oscar Hudson’s Straight Circle, a dark comedy on the absurdities of ...

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

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

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 ...

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

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 ...