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.
| Country | Canada |
| Founded | 1957 |
| Industry | Auto Parts |
| Sector | Consumer Discretionary |
| Employees | 168,000 |
| CEO | Seetarama Kotagiri |
Contact Details
Address: 337 Magna Drive Aurora, ON L4G 7K1 Canada | |
| Phone | 905-726-2462 |
| Website | magna.com |
Stock Details
| Ticker Symbol | MGA |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0000749098 |
| CUSIP Number | 559222401 |
| 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 |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 5, 2024 | 6-K | Report of foreign issuer |
| Nov 1, 2024 | 6-K | Report of foreign issuer |
| Nov 1, 2024 | 6-K | Report of foreign issuer |
| Oct 15, 2024 | SCHEDULE 13G | Filing |
| Aug 9, 2024 | 6-K | Report of foreign issuer |
| Aug 2, 2024 | 6-K | Report of foreign issuer |
| Aug 2, 2024 | 6-K | Report of foreign issuer |
| Jun 27, 2024 | 11-K | Annual report of employee stock purchase, savings and similar plans |
| Jun 5, 2024 | SD | Form - SD |
| May 30, 2024 | 6-K | Report of foreign issuer |