5 Followers USX:MGA - Magna International Inc Magna International Inc
Sector: Consumer Discretionary, Industry: Auto Parts & Equipment
Next Earnings: 3 May 2024
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USD 54.54    +1.03 (+1.92%)

27 Mar 2024


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General

CEO: Mr. Seetarama Swamy Kotagiri M.Sc.

IPO: 1990-03-26

Headquarters: US

Employees: 181,000

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Description

Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2022, roughly 50% of Magna's revenue came from North America while Europe accounted for approximately 38%.

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