News

Magna International (NYSE:MGA) reported sales fell 8% in Q1 to $10.1 billion. The lower sales level largely reflected a 3% decrease in global light vehicle production, including 8% and 5% lower ...
Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the first quarter ended March 31, 2025. Please click HERE for full first quarter MD&A and Financial Statements.
Hello, and welcome to the Magna International First Quarter 2025 Results Webcast. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a ...
AURORA, Ontario (AP) — AURORA, Ontario (AP) — Magna International Inc. (MGA) on Friday reported first-quarter profit of $146 million. On a per-share basis, the Aurora, Ontario-based company ...
Magna International Inc. reported its first-quarter profit rose compared with a year ago as sales decreased. The auto parts company says its profit attributable to the company was US$146 million ...
Magna International CEO Swamy Kotagiri believes proposed auto tariffs combine the worst aspects of recent industry crises. Kotagiri argues tariffs, coupled with existing supply chain issues and ...
(Reuters) -Canadian auto parts supplier Magna International said on Friday that it plans to implement cost-saving measures to cushion the hit from U.S. President Donald Trump's sweeping tariffs. The ...
Sharath Reddy, senior vice-president of corporate R&D at Magna, delivers a speech at Auto Shanghai on April 24, 2025. [Photo provided to chinadaily.com.cn] Magna International has unveiled a ...
CHARLOTTE, N.C. — A missionary from Magna was killed after a car lost control and struck the 18-year-old while he was riding his bike on a sidewalk in North Carolina. Aleki Langi was on ...
Troy — Uncertainty augmented by President Donald Trump's tariff policy is "adversely impacting" the auto industry, the CEO of major Canadian automotive supplier Magna International Inc. said ...
Magna stock has sunk into the toilet, but it could now be one of the best undervalued stocks out there. In its financial report for the fourth quarter of 2024, Magna announced sales totalling US$ ...
Comparing the first quarter of 2025 to the first quarter of 2024: – Sales decreased 8% to $10.1 billion, as global light vehicle production decreased 3%, which included 8% and 5% declines in Europe ...