MGA:FRA
Magna International Inc
€57.50
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+1.73%(+0.98) 1D
Sep 4, 8:09:05 AM GMT+2 · EUR
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insights_autoGenerating top insights for MGA...
Open
€57.50
High
€57.50
Low
€57.50
Mkt. cap
17.81B
Avg. vol.
88.00
Volume
0.00
52-wk high
€63.20
52-wk low
€37.67
No. of employees
156K
Open
€57.50
High
€57.50
Low
€57.50
Mkt. cap
17.81B
Avg. vol.
88.00
Volume
0.00
52-wk high
€63.20
52-wk low
€37.67
No. of employees
156K
News stories
From web sources and news partners
MarketWatch
·
15 hours ago
Magna International Inc. stock rises Thursday, outperforms market
Automotive News
·
23 hours ago
Magna adds to bet on India battery-swapping startup with $35M investment
Profile
Magna International Inc. is a Canadian parts manufacturer for automakers. It is one of the largest companies in Canada and was recognized on the 2020 Forbes Global 2000. The company is the largest automobile parts manufacturer in North America by sales of original equipment parts; it has ranked consistently in the Fortune Global 500 list for 20 years in a row since 2001. It produces automotive systems, assemblies, modules, and components, which are supplied to General Motors, Ford and Stellantis, as well as BMW, Mercedes, Volkswagen, Toyota, Tesla, and Tata Motors, among others.
The company is headquartered in Aurora, Ontario, and its chief executive officer is Swamy Kotagiri. It has 158,000 employees in 342 manufacturing operations and 91 product development, engineering and sales centres in 27 countries. Magna is governed under a corporate constitution which calls for distribution of profits to employees and shareholders. The terms of this contract are a "fair enterprise system" according to company founder Frank Stronach. Wikipedia
About Magna International Inc
CEOSeetarama Kotagiri
Employees156K
Founded1957
HeadquartersAurora, Ontario, Canada
SectorAuto Parts
Websitemagna.com