Magna International

Magna Q2 profits rise 23% to $510 million on higher N.A., Europe output

6:53 am U.S. ET | Aug. 8, 2014

Auto supplier Magna International's second-quarter profits increased 23 percent to $510 million on higher vehicle output in North America and a continuing recovery in Europe. The company raised its full-year sales forecast to $35.6 billion to $37.3 billion from $34.9 billion to $36.6 billion....
Read More »

2014 MANAGEMENT BRIEFING SEMINARS

Magna points supply chain toward local sourcing

2:03 pm U.S. ET | Aug. 7, 2014

Canadian automotive supplier Magna International sees local strategy and efficiency improvements as key cost-saving measures within its supply chain....
Read More »

Q&A

Magna Steyr hunts acquisitions that will add expertise

12:01 am U.S. ET | Aug. 4, 2014

To compete in the hotly contested market for engineering services, Austrian supplier Magna Steyr is heading in new directions. Karl-Friedrich Stracke, head of contract manufacturing and engineering at the unit of Magna International Inc., is betting on targeted acquisitions and growth in China....
Read More »

Automotive News Cover
News by Brand