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.

TSX:MG - Post by User

Magna International Inc

<< Previous

Bullboard Posts

Next >>

Post by retiredcfon Mar 11, 2021 10:30am

195 Views

Post# 32771990

BNN Morning Newsletter

MAGNA SEEN AS LIKELY APPLE CAR PARTNER

Our Bloomberg News partners have a great piece up this morning on all the reasons it wouldn’t make sense for Apple to team up with an incumbent auto maker on its foray into the market. Instead, Canadian auto parts giant Magna International is seen as a neck-and-neck contender with FoxConn to handle manufacturing duties for an iCar, according to the industry sources who our partners spoke with.

<< Previous

Bullboard Posts

Next >>

E3 inches closer to Alberta's first lithium production plant