Magna International Inc. (TSX: MG)
Canada flag Canada · Delayed Price · Currency is CAD
65.27
-0.17 (-0.26%)
May 16, 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, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, front integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, and side doors.

The Power & Vision segment offers hybrid and electric drive systems, motors, inverters, onboard chargers, and e-clutch; dedicated hybrid, dual and hybrid dual, and manual transmissions; AWD/4WD products and rear drive modules; transmission, engine, driveline components, engine drive plates, and accessories; engineering services; advanced driver assistance systems and sensors, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; 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. The company also designs, engineers, and manufactures tooling products.

Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

Magna International Inc.
Country Canada
Founded 1957
Industry Auto - Parts
Sector Consumer Discretionary
Employees 168,000
CEO Mr. Seetarama Swamy Kotagiri M.Sc.

Contact Details

Address:
337 Magna Drive
Aurora, ON L4G 7K1
Canada
Phone 19057262462
Website magna.com

Stock Details

Ticker Symbol MG
Exchange TSX
Fiscal Year January - December
Reporting Currency CAD
ISIN Number CA5592224011

Key Executives

Name Position
Seetarama Swamy 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