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Magna International Inc (MG.TO)

MG.TO on Toronto Stock Exchange

71.45CAD
1:30am IST
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$0.74 (+1.05%)
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$70.71
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Volume
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Thu, Oct 15 2020

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Fisker closes deal for supplier Magna to build its SUV, take stake in startup

DETROIT Fisker Inc, which is going public through a merger with a so-called blank check company, said on Thursday auto supplier Magna International Inc will supply the vehicle platform and build the electric carmaker's Ocean SUV.

UPDATE 2-Fisker has tentative deal for Magna to build its electric SUV in Austria

DETROIT, Aug 7 Electric carmaker Fisker Inc, which recently announced plans to go public through a merger with a so-called blank-check company, said on Friday it has a tentative deal for Canadian auto supplier Magna International Inc to build its Ocean electric SUV.

Fisker says has tentative deal for Magna to build its electric SUV in Austria

DETROIT, Aug 7 Electric carmaker Fisker Inc, which recently announced plans to go public through a merger with a so-called blank-check company, said on Friday it has a tentative deal for Canadian auto supplier Magna International Inc to build its Ocean electric SUV.

UPDATE 2-Auto supplier Magna's sales beat as virus-hit vehicle production rebounds

Aug 7 Auto parts maker Magna International Inc on Friday reported better-than-expected quarterly revenue and forecast full-year sales above estimates, as vehicle production in North America showed signs of a recovery from the COVID-19 pandemic.

Auto supplier Magna reports quarterly loss as virus hits sales

Aug 7 Canadian auto parts maker Magna International Inc reported a quarterly loss on Friday, as automobile production fell 70% in North America due to the coronavirus crisis.

UPDATE 1-Magna profit halves on COVID-19 hit

May 7 Canadian auto parts maker Magna International Inc reported a 51% fall in quarterly adjusted profit on Thursday, hurt by a decline in global automobile production due to the coronavirus crisis.

Magna profit halves on COVID-19 hit

May 7 Canadian auto parts maker Magna International Inc reported a 51% fall in quarterly adjusted profit on Thursday, hurt by a decline in global automobile production due to the coronavirus crisis.

BRIEF-Magna Reprts Q1 Earnings Per Share of $0.86

* Q1 SALES $8.7 BILLION VERSUS REFINITIV IBES ESTIMATE OF $8.45 BILLION

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