Contract manufacturer Magna Steyr could soon be building electric cars for two Chinese companies. According to a report, ...
In summary, Magna is a hold for 2025, with a tilt toward buying for higher risk-tolerant investors. Monitor trade policy, ...
Even 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 ...
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, ...
CIBC analyst Krista Friesen lowered the firm’s price target on Magna (MGA) to $36.50 from $44 and keeps a Neutral rating on ...
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, 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%.
Auto parts maker Magna International Inc. MG-T is expected to slim down by selling divisions in coming months, the same style of corporate finance diet that recently boosted profitability and ...
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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 ...