Magna International Inc. manufactures and supplies vehicle engineering, contract, and automotive space. It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles. The company offers battery enclosures, battery trays, fully assembled body-in-white modules, and chassis systems, such as suspension links and arms, twist axle, carbon fiber subframe, and frame assemblies; cameras, thermal sensing, radar, interior sensing systems, domain controllers, and modules for chassis control, glow plug control, powertrain control, and mechatronic control. It also provides active aerodynamics; lighting, liftgate modules, front integration panels, roof systems and modules, exterior design, thin wall, welding technologies, front end carriers or grille opening reinforcement, door panels, and hoods; latching systems, power closures, door and mechatronic control modules, hinges and wireforming, and handles; interior and exterior mirrors, actuators, and overhead consoles; structural, foam and trim, sustainable, and electronics seating; and greenhouse technologies, trim and exterior ornamentation, and running boards. In addition, the company offers eDrive systems and eBeam; hybrid and ICE Powertrain; E-motor core stack, gears and shafts, planetary carriers and differentials, and inverter covers and oil pans; battery thermal and structural components, and clutch housings and modules; truck fuel tank systems, pipes and components, and energy storage systems. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.
Canadian Market Performance
7D7 Days: 0.4%
3M3 Months: 7.1%
1Y1 Year: 21.0%
YTDYear to Date: 9.9%
In the last week, the market has stayed flat, however the Materials sector stood out, gaining 6.0%. As for the longer term, the market has risen 23% in the past 12 months. As for the next few years, earnings are expected to grow by 12% per annum. Market details ›
This week, we are weighing up the potential productivity gains vs job losses and economic disruption that the global economy could face over the next decade and beyond.