REE Automotive has announced a “strategic collaboration” with Magna International, which will allow both companies to explore the possibilities of fully modular electric vehicles (MEVs) and bring them ...

Magna’s vehicle technologies and high-performance parts and systems to be on display Key focus areas include sustainable innovations, ADAS, personalized brand experiences and complete vehicle ...

Magna International Inc. reported a $156 million net loss in the second quarter as the diversified Canadian auto supplier grappled with higher commodities and energy costs and the impact of the ...

First-quarter net income at diversified supplier Magna International Inc. surged 136 percent as the company increased its 2021 financial outlook, even as the global microchip shortage roils the global ...

Magna will develop the advancements in L2+ through L4 active safety solutions on the DRIVE Thor platform. Credit: Magna International Inc. Mobility technology company Magna has partnered with Nvidia ...

Canadian auto supplier Magna International Inc. said on Thursday it will buy Swedish rival Veoneer Inc. for about $3.8 billion in cash, in a deal that would help expand its driver assistance ...

Forbes contributors publish independent expert analyses and insights. I write about the auto industry and its impact on almost everything. The CEO of Magna International Inc., one of the largest ...

President Trump threatened import tariffs on Canada, Mexico, and China, all of which are important markets for Magna International. These markets are also some of Magna's most important markets, which ...

Magna International Inc (NYSE:MGA) shares are trading lower in premarket on Friday. The company reported fourth-quarter sales growth of 2% year-on-year to $10.63 billion, beating the analyst consensus ...

The shares of Magna International (NYSE: MGA) plunged 11.6% this morning as panic gripped investors after President Donald Trump announced plans to impose hefty import tariffs over the weekend, ...