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 CatoCanon May 02, 2022 10:37pm

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Post# 34649902

Stellantis to invest billions in Ontario auto plants

Glad 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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