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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 > Return of the walking dead....
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Comment by BlackBear22on Nov 09, 2024 9:50am
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Post# 36304571

RE:Return of the walking dead....

RE:Return of the walking dead....Despite the flat report shares in Magna look like they are turning.  Downside risk looks to be supported by years of trading at $60-65 lows.
A declining interest rate environment should be a positive and the multinational structure of the company should allow them to adjust to an ever increasing tarrif risks.
BB
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