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Magna International Inc (MG.TO)

MG.TO on Toronto Stock Exchange

71.64CAD
17 Jan 2020
Change (% chg)

$1.00 (+1.42%)
Prev Close
$70.64
Open
$70.67
Day's High
$71.83
Day's Low
$70.54
Volume
572,861
Avg. Vol
757,902
52-wk High
$76.11
52-wk Low
$57.34

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Thu, Jan 16 2020

UPDATE 2-Auto parts maker Magna expects lower 2020 sales, scraps Lyft partnership

Jan 16 Canadian auto parts maker Magna International Inc on Thursday forecast lower 2020 sales and scrapped its partnership with Lyft to co-develop self-driving technology as it said it would instead focus on developing assisted driving technology.

Canadian auto parts maker Magna expects lower sales in 2020

Jan 16 Canadian auto parts maker Magna International Inc on Thursday said it expects lower vehicle sales in 2020, hurt by a stronger dollar, the sale of its fluid pressure and controls business and lower light-vehicle output in Europe.

Auto parts maker Magna sees $500 mln hit to sales from GM strike

Nov 8 Canada's auto parts maker Magna International Inc on Friday said a labor strike at General Motors Co, its biggest customer, will potentially reduce full-year sales by about $500 million.

REFILE-UPDATE 2-Canada's Magna cuts 2019 outlook as GM strike weighs

Nov 8 Auto parts maker Magna International Inc cut its full-year financial outlook, after quarterly sales missed estimates on Friday due to a fall in global automobile production and a labor strike at General Motors Co , its biggest customer.

Canada's auto parts maker Magna reports quarterly loss

Nov 8 Canada's auto parts maker Magna International Inc reported a quarterly loss, hurt by a fall in global automobile production and a labor strike at General Motors Co, its biggest customer.

Magna International to build hybrid transmissions for BMW

Oct 30 Canadian auto-parts maker Magna International said on Wednesday it would build dual-clutch and hybrid transmissions for German carmaker BMW under a multi-year contract.

UPDATE 2-Canada's Magna trims sales forecast in trade war hit

Aug 8 Canada's Magna International Inc trimmed its sales forecast for the second time this year, as weak global demand and the impact of U.S.-China trade tensions pushed down vehicle production in North America and Europe.

Canadian auto parts maker Magna International's profit falls 27.8%

Aug 8 Canadian auto parts maker Magna International Inc reported a 27.8% fall in second-quarter profit on Thursday, hurt by lower sales volumes and a drop in light vehicle production in Europe and North America.

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