TSX:MGAuto Components
Do ADAS Wins And CES Radar Showcase Reframe Magna’s Competitive Edge Narrative (TSX:MG)?
In early January 2026, Magna International highlighted progress in winning new powertrain, seating and advanced driver-assistance contracts, while grappling with slower EV demand and pricing pressure across its diversified automotive supply operations.
RBC Capital Markets’ sector-perform view following Magna’s CES 2026 showcase of its scalable mid-range radar belt underscored the increasing importance of its Veoneer-enabled ADAS capabilities and longstanding OEM relationships.
We’ll now...