As automakers consolidate purchases with fewer suppliers, large vendors such as Magna are in the best position to gain share because they can offer a wide range of parts, modules, and complete systems ...
Auto parts maker Magna International Inc. is warning tariffs would have a negative impact on the auto industry, but says it's ...
Shares of CAE rose nearly 17% to 38.91 Canadian dollars ($27.41) after the flight-training company made changes to its board, appointing four new directors, including Air Canada's former CEO as chair ...
Canadian auto parts manufacturer Magna International (MGA) has cut its forward guidance for this year due to uncertainty ...
Shares are trading defensively, however, as foreign exchange headwinds and industry challenges that include light vehicle ...
Magna International reported a 2% year-on-year sales growth for Q4 FY24, reaching $10.63 billion, surpassing expectations. Adjusted EPS of $1.69 exceeded the consensus of $1.52.
HighlightsSales increased 2% to $10.6 billion, in-line with global light vehicle productionDiluted earnings per share of ...
Canadian auto parts maker Magna International cut its 2026 sales estimate while offering a weak revenue forecast for the current year on Friday and said challenges such as uncertain government ...
AURORA, Ontario (AP) — AURORA, Ontario (AP) — Magna International Inc. (MGA) on Friday reported fourth-quarter profit of $203 million. The Aurora, Ontario-based company said it had profit of 71 cents ...
Following the breakdown of merger talks between Nissan and Honda, the chairman of Taiwan's Foxconn, Young Liu, stated on ...
Shares of Magna International Inc. (NYSE:MGA – Get Free Report) (TSE:MG) have been assigned an average rating of “Hold” from ...