MGA Stock Discussion

Magna International, Inc. Description

Magna International Inc. designs, develops, manufactures, and engineers automotive systems and components to original equipment manufacturers primarily in North America, Europe, and internationally. Its products include automotive interior systems, including sidewall and trim, cargo management, cockpit, and overhead systems; seating systems, such as complete seating systems, seat structures and mechanisms, and foam and trip products; and closure systems comprising door modules, power closure systems, window systems, latching systems, driver controls, electronic features, lighting systems, sealing systems, engineered glass, and handle assemblies. The company also offers body and chassis systems, which include body and chassis systems, engineering and tooling, and renewable energy structures; vision systems that comprise interior and exterior mirrors, actuators, and electronic vision systems; and electronic systems, such as driver assistance and safety systems, engine electronics and sensors, body systems and human-machine interfaces, intelligent power systems, hybrid and electric vehicle components/systems, and industrial products. In addition, it provides exterior systems, including front and rear fascia systems, class A composite panels, structural components, sealing systems, modular systems, under hood and underbody components, exterior trims, and sheet molding compound materials. Further the company offers powertrain systems, such as driveline and fluid pressure systems, and metal-forming solutions; and engineering services and system integration. Additionally, it provides roof systems comprising retractable hard and soft tops, and sliding folding and modular roofs, as well as vehicle engineering and assembly, and contract manufacturing services. Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

Sector: Consumer Cyclical
Industry: Auto Parts
Keywords: Electric Vehicle Engineering Services Industrial Products Automotive Industry S&P/Tsx 60 Index Power Systems Actuator Chassis Tooling Powertrain Mirrors Contract Manufacturing Contract Manufacturing Services Electronic Systems Vision Systems Closure Systems Roof Safety Systems Automotive Systems Powertrain Systems Seating Systems Body Systems Cargo Management Johnson Electric Engine Electronics Overhead Systems Window Systems