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MGA

Magna International
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MGA Profile

Magna International Inc.

One of the world's largest suppliers in the automotive space

Car parts
11/16/1961
08/24/1984
New York Stock Exchange
170,000
12-31
Common stock
337 Magna Drive, Aurora, Ontario, Canada L4G 7K1
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Magna International Inc. was originally incorporated under the laws of Ontario, Canada on November 16, 1961. Magna is not only one of the world's largest Tier 1 suppliers in the automotive sector. The company's systematic approach to design, engineering and manufacturing touches almost every aspect of the vehicle. The company has expertise in vehicle engineering and contract manufacturing, as well as product capabilities including body, chassis, exterior, seats, powertrain, active driver assistance, electronics, mechatronics, rearview mirrors, lighting, roof systems, etc. Magna also has electronics and software capabilities in many of these areas. In addition, the company is leveraging capabilities and platform technologies in areas such as battery management, software stacks and sensors to enter the growing adjacent mobile market such as micro mobile.