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Country
CA
Industry
Consumer Discretionary
Market Cap
Large Cap
Num. Employees
171000
IPO Date
Aug 24, 1984
Country
CA
Industry
Consumer Discretionary
Magna International, Inc. is a mobility technology company, which engages in the design, engineering, and manufacturing of automotive supplies. The company is headquartered in Aurora, Ontario and currently employs 171,000 full-time employees. The firm has complete vehicle engineering and contract manufacturing expertise, as well as product capabilities which include body, chassis, exterior, seating, powertrain, active driver assistance, electronics, mechatronics, mirrors, lighting, and roof systems. The firm's segments include Body Exteriors & Structures; Power & Vision; Seating Systems; and Complete Vehicles. Its Body Exteriors & Structures include body structures, chassis structures, exterior systems & modules, trim and engineered glass, active aerodynamics, and energy storage systems. Its Power & Vision products include electrified powertrain technologies, conventional powertrain technologies, powertrain subsystems, components and more. Its Complete Vehicles consist of complete vehicle engineering and complete vehicle manufacturing. The firm's global network includes 345 manufacturing operations and 90 product development.
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insidermonkey.com
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SeekingAlpha
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ON’s latest move underscores its commitment to advancing power and sensing solutions that enhance energy efficiency and performance across various industries.In the third quarter of 2024, ON’s power solutions benefited from growth in renewable energy markets, particularly in utility-scale solar and energy storage systems.
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