Magna International Inc. (TSX: MG)
Canada flag Canada · Delayed Price · Currency is CAD
58.54
+3.57 (6.49%)
Nov 1, 2024, 4:00 PM EDT

Magna International Company Description

Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide.

It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles.

The Body Exteriors & Structures segment provides body and chassis system, battery enclosures, and engineering and testing; and exteriors, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, side doors, and greenhouse products.

The Power & Vision segment offers electric drive systems and components, such as emotors, inverters, onboard chargers, gearboxes, and e-clutch; dedicated hybrid drives, dual and hybrid dual clutch, and manual transmissions; AWD/4WD products and rear drive modules; transmission, driveline components, and ICE; far camera module, remote camera heads, interior sensing camera, radars, thermal sensing, and domain controllers; interior and exterior mirrors, camera monitoring system driver/occupant monitoring systems, and smart actuators; forward and rear lighting, and lit grilles/panels/displays; latching system, door modules, charge port doors, power system, hinges, and door handles; and modular and textile folding roofs, and hard and soft tops.

The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products.

The Complete Vehicles segment offers vehicle engineering and manufacturing services. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

Magna International Inc.
Magna International logo
Country Canada
Founded 1957
Industry Auto Parts
Sector Consumer Discretionary
Employees 179,000
CEO Seetarama Kotagiri

Contact Details

Address:
337 Magna Drive
Aurora, Ontario L4G 7K1
Canada
Phone 905-726-2462
Website magna.com

Stock Details

Ticker Symbol MG
Exchange Toronto Stock Exchange
Fiscal Year January - December
Reporting Currency USD
ISIN Number CA5592224011
SIC Code 3714

Key Executives

Name Position
Seetarama Kotagiri M.Sc. Chief Executive Officer and Director
Patrick W. D. McCann Executive Vice President and Chief Financial Officer
Eric Jon Wilds Executive Vice President and Chief Sales and Marketing Officer
Tom J. Rucker President of MPT, MML, Electronics and Complete Vehicles
John H. Farrell President of Body and Exterior Systems and Seating
Boris Shulkin Executive Vice President and Chief Digital and Information Officer
Louis Tonelli Vice President of Investor Relations
Bruce R. Cluney Executive Vice President and Chief Legal Officer
Joanne N. Horibe Chief Compliance Officer
Tracy Fuerst Vice President of Corporate Communications and PR