TSX:MGAuto Components
Why Magna International (TSX:MG) Is Up 11.0% After Boosting Sales Guidance and Announcing Buyback Plan
Magna International recently reported its third quarter 2025 results, showing increased sales to US$10.46 billion but lower net income of US$305 million compared to the prior year, while also raising its full-year sales guidance and announcing a new share repurchase program.
An area of interest is Magna’s global rollout of its Driver Monitoring System with a major OEM in China, highlighting advances in safety technology and deepening commitment to growth in that region.
We'll examine how...