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Bullboard - Stock Discussion Forum 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... see more

TSX:MG - Post Discussion

Magna International Inc > Apple
View:
Post by Digby8 on Feb 08, 2021 8:01am

Apple

Hyundai/Kia and Apple have stated that there is no agreement between them for Hyundai/Kia to make the Apple cars. According to Gene Munster of Loup Ventures Magna is the likely choice. I have no position in Magna, but if this turns out to be true, Magna shares are going to go ballistic. Good luck to all you guys. Magna is a great company without Apple, but this would put the company on an entirely different level.
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