In summary, Magna is a hold for 2025, with a tilt toward buying for higher risk-tolerant investors. Monitor trade policy, ...
Shares of Canadian auto-parts makers retreated after President Trump threatened higher tariffs on the sector's exports to the U.S. Magna International's stock declined 4.4% to 52.75 Canadian dollars, ...
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Magna CEO: Amid automotive industry transformation, collaborative risk and reward sharing is keySupply chain disruptions. Globally, every industry has had to adapt. The automotive sector, one of the most dynamic industries in the world, is no exception. However, what adds a level of ...
CIBC analyst Krista Friesen lowered the firm’s price target on Magna (MGA) to $36.50 from $44 and keeps a Neutral rating on the shares. The ...
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Why Magna Won't Build Its Own VehiclesEven though it’s not a household name like Apple, Coca-Cola, Ford or Visa, Magna is, nonetheless, a massive company. The No. 1 automotive supplier in North America and the third largest globally ...
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This is a proof of concept from North America’s largest automotive parts supplier. Taking the place of the 3.6-liter V6 and the standard Gladiator hardware is a pair of Magna’s eBeam drive units.
Magna International Inc. manufactures and supplies vehicle engineering, contract, and automotive space. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating ...
Magna, which belongs to the Zacks Automotive - Original Equipment industry, posted revenues of $10.63 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.14%.
Magna International and Mercedes-Benz continue their long-standing partnership, focusing on innovation in the automotive industry, particularly with the introduction of the all-new electric ...
“Strong partnerships with our customers are essential for driving innovation and advancing the automotive industry,” said Eric Wilds, Magna Chief Strategy & Commercial Officer. “Our ...
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