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Magna International Inc T.MG

Alternate Symbol(s):  MGA

Consumer Cyclical Auto Parts
Magna International Inc. is a Canada-based global automotive supplier. The Company has complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting, and roof systems. Its Veoneer Active Safety provides sensor, software and systems engineering solutions to a range of customers. The Company's segments include Body Exteriors & Structures; Power & Vision; Seating Systems; and Complete Vehicles. Its Body Exteriors & Structures include body structures, chassis structures, exterior, energy storage systems and other. Its Power & Vision products include electrified powertrain technologies, powertrain subsystems and other. Its Complete Vehicles consist of complete vehicle engineering and complete vehicle manufacturing. The Company's global network includes 341 manufacturing operations and 88 product development.


TSX:MG - Post by User

Magna International Inc
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Post by CatoCanon May 02, 2022 10:37pm
226 Views
Post# 34649902

Stellantis to invest billions in Ontario auto plants

Stellantis to invest billions in Ontario auto plantsGlad to see all the three big NA automakers have invested in Ontario plants for the future. This means the Canadian auto industry will be strong for the forseeable future. Should be goof for parts maker like Magna.

https://www.theglobeandmail.com/business/article-stellantis-announces-36-billion-retool-of-ontario-plants-to-make/
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