Market Capitalization (Millions $) |
16,586 |
Shares
Outstanding (Millions) |
316 |
Employees |
168,000 |
Revenues (TTM) (Millions $) |
39,431 |
Net Income (TTM) (Millions $) |
1,632 |
Cash Flow (TTM) (Millions $) |
590 |
Capital Exp. (TTM) (Millions $) |
1,441 |
Magna International Inc
Magna International Inc., commonly known as Magna, is a leading global automotive supplier based in Aurora, Ontario, Canada. The company designs, develops, and manufactures automotive systems, modules, and components for original equipment manufacturers (OEMs) around the world.
Founded in 1957, Magna has grown to become one of the largest automotive suppliers in the world with over 152,000 employees across 27 countries. The company operates in three main business segments: Body Exteriors & Structures, Power & Vision, and Seating Systems.
Magna's Body Exteriors & Structures segment designs and manufactures a wide range of products that include exterior sheet metal components, bumpers, fascias, and lighting systems. The Power & Vision segment designs and manufactures various products such as powertrain systems, filtration systems, and exterior vision systems. The Seating Systems segment produces automotive seating systems including seat structures, mechanisms, foam, and trim.
Magna is known for its innovation and commitment to research and development. The company invests heavily in R&D to provide its customers with the latest cutting-edge technologies and new products. Magna has a vast network of engineering and testing facilities that perform advanced testing and validation to ensure that its products meet the highest quality standards.
Magna has a customer base that includes most of the world's major automakers, including General Motors, Ford, BMW, and Toyota. The company operates over 337 manufacturing facilities globally, including facilities in North America, Europe, Asia, and South America.
In addition to its automotive operations, Magna has diversified into other industries such as robotics, aerospace, and renewable energy. The company also has a strong dedication to sustainability and has set ambitious goals to reduce its environmental footprint.
Overall, Magna International Inc is a world-class automotive supplier that provides high-quality automotive products to OEMs globally. The company's focus on R&D, innovation, and sustainability makes it a leader in the industry. Magna's strong customer base and diverse product portfolio position the company for continued success and growth in the future.
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