Magna International Inc.
Company Snapshot
Founded: 1957
Entity Type: Public
Employees: 170,000
Region: U.S.
Revenue: $42,836.0 Millions
Revenue Year: 2024
Segment: Body Exteriors & Structures
Headquarter: Aurora, Canada
Key Geographics: North America, Europe, Asia-Pacific, Rest of the World
Company Overview
Magna has over 65 years of experience in offering automotive products and services to OEMs and the aftermarket. Major OEM customers are General Motors, BMW, Stellantis, Daimler, Ford, and Volkswagen.
The company operates with a global network of 341 manufacturing operations and 88 product development, engineering and sales centers spanning 29 countries worldwide.
Financial Highlights (FY 2023)
Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***
This information is available for BCC Research members only.
Magna International Inc. In News
Company's Business Segments
- Body Exteriors & Structures : Battery enclosures, Body in white solutions, Chassis systems
- Power & Vision : ADAS and Automated driving, Electrified powertrain products, Energy storage systems, Powertrain modules and components
- Seating Systems : Seating, Lighting, Mirrors
- Complete Vehicles : Complete vehicle engineering and manufacturing
Applications/End User Industries
- Original Equipment Manufacturers (OEMs)
- Non-Automotive
- Medium and Heavy Truck
BCC Research Beacon 