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MGA - Magna International Inc. ()

Overview

Company Summary


Magna International Inc. is a global automotive supplier and manufacturer based in Canada. The company specializes in a wide range of automotive technologies, systems, and components. Magna operates through multiple divisions, offering solutions across the entire vehicle value chain.

Magna primarily focuses on three key areas: Body Exteriors & Structures, Power & Vision, and Seating Systems. Within these areas, the company develops and produces various products, including body panels, chassis systems, lighting systems, powertrain and drivetrain components, electronic systems, seating systems, and interior components.

In addition to manufacturing automotive parts and systems, Magna also provides engineering and contract manufacturing services. The company collaborates closely with automakers to design and develop innovative solutions that improve vehicle performance, efficiency, safety, and aesthetics.

As a leading automotive supplier, Magna has a global presence and works with major automotive manufacturers worldwide. They operate more than 350 manufacturing facilities and engineering centers across 27 countries, ensuring proximity to customers and the ability to cater to diverse market needs.

Magna's focus on research and development, technological advancements, and collaborative partnerships contribute to its ability to provide cutting-edge solutions in the rapidly evolving automotive industry. The company constantly adapts to emerging industry trends, such as electric vehicles, autonomous driving technologies, and lightweight materials.

Overall, Magna International Inc. plays a vital role in the automotive sector, combining innovation, engineering expertise, and manufacturing capabilities to deliver high-quality automotive products and solutions to its customers globally.

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