Overview
Description
Magna International Inc. is a leading global automotive supplier that develops and manufactures a wide range of vehicles and systems for automakers around the world. With expertise in systems integration and vehicle engineering, Magna is pivotal in producing products like body and chassis systems, powertrain components, and complete vehicle assemblies. The company plays a critical role in the advancement of the automotive industry, particularly as it transitions toward more sustainable and technologically advanced solutions, including electrification and autonomous driving technologies. Magna operates across many geographical areas, ensuring a strong presence in key automotive markets such as North America, Europe, Asia, and South America. The company collaborates with major automotive manufacturers, contributing significantly to the production and innovation of future mobility solutions. Founded in 1957 and headquartered in Aurora, Ontario, Canada, Magna continuously shapes the automotive landscape and enhances vehicle functionality through cutting-edge technology and comprehensive manufacturing capabilities.
About
CEO
Mr. Seetarama Kotagiri M.Sc.
Employees
167000
Address
337 Magna Drive
Aurora, L4G 7K1, ON
Canada
Aurora, L4G 7K1, ON
Canada
Phone
905 726 2462
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Auto Parts
Country
Canada
MIC code
XTSE