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MG

TSX
50.88000 CAD
2.37
4.89%
Last update May 12, 3:59 PM EDT
Pre-market
Day range
50.44000
51.49000
Previous close
48.51000
Open
50.44000
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Magna International Inc.
50.88
2.37
4.89%

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
Phone
905 726 2462
Website
Instrument type
Common stock
Sector
Consumer Cyclical
Industry
Auto Parts
Country
Canada
MIC code
XTSE
Pre-market

Exchange is currently open for pre-market.
Main market opens in 43 minutes

08:46
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
08:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 17:00
All times are displayed in the America/Toronto timezone (EDT, UTC-04:00).