Breadcrumb Home Companies Magna International Subscription Required Suppliers Magna skeptical about Tesla-driven move to megacasting Subscription Required Suppliers Despite uncertainty, supplier spending surges to meet EV, AV demand Subscription Required Suppliers Magna sees EV battery enclosures generating $2.5 billion in sales by 2027 Subscription Required Regulation & Safety Ford to spend $270 million to fix rearview camera defect Earnings Magna raises outlook after swinging to $339 million profit in Q2 amid production surge Subscription Required Earnings Reports Fisker faces investor questions on Ocean production miss Subscription Required Microchips Magna inks silicon carbide deal with semiconductor maker Onsemi Subscription Required Suppliers Magna commits $790M to build three Tenn. plants supplying Ford Subscription Required Suppliers Magna, Department of Energy develop greener manufacturing process for aluminum parts Subscription Required Earnings Reports Magna Q1 net income falls 43%, but 2023 outlook improves Load More Digital Edition THIS WEEK'S EDITION See our archive Sign up for free newsletters Daily Summary (weekdays) Weekly Summary (Mondays) Breaking News Alerts (as needed) Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. EMAIL ADDRESS Please enter a valid email address. Please enter your email address. Please verify captcha. Please select at least one newsletter to subscribe. See more newsletter options at autonews.com/newsletters. You can unsubscribe at any time through links in these emails. For more information, see our Privacy Policy.