Magna International Inc T.MG

Alternate Symbol(s): MGA

Consumer Cyclical Auto Parts

Magna International Inc. is a Canada-based mobility technology company. The Company is a global automotive supplier that 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. It also has electronic and software capabilities across many of these areas. Its segments include Body Exteriors & Structures; Power & Vision; Seating Systems, and Complete Vehicles. Its products include Battery Enclosures, Body-in-White Solutions, Chassis Systems, ADAS and automated driving, control modules, active aerodynamics, exterior systems and modules, lighting, mechatronics, mirrors, electrified powertrain products, Complete Vehicle Engineering and others. Its global network includes approximately 343 manufacturing operations and 105 product development, engineering and sales centers spanning 28 countries.

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Magna International Inc

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Post by JustinLawon Oct 02, 2018 3:58pm

155 Views

Post# 28732023

MAGNA, BMW, DELPHI at more

MAGNA, BMW, DELPHI, FIAT Chrysler, MOBILEYE and Continental AG join forces.

https://www.reuters.com/article/us-magna-bmw/canadas-magna-joins-bmw-intel-self-driving-car-project-idUSKBN1CF20M

looks like something is brewing and it could be fantastic. lower cost, more efficieny and likely a more prevalent and accepted platform. This should be a winning formula to reduce costs and still profit on big ideas.

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