Aug 2 (Reuters) - Auto parts supplier Magna

International ( MGA ) missed analysts' estimates for

second-quarter results on Friday, hurt by production being

stopped for certain vehicles and lower volumes of automobiles

that it assembled.

Magna, which counts BMW, Mazda ( MZDAF ) and

Ferrari ( RACE ) as customers, produces parts and builds

vehicles at its complete vehicle manufacturing unit for various

automakers.

"Sales were negatively impacted by the end of production of

certain programs, lower complete vehicle assembly volumes,

including as a result of the end of production of the BMW

5-Series," Magna said.

Quarterly sales at its complete vehicles unit, which

assembles models for global carmakers, fell 18.6% to $1.24

billion.

Demand for Magna's parts and services had risen over the

past few years, but that has taken a hit with automakers

shifting away from their costly electric vehicle plans to focus

on gas-powered models.

Rival Aptiv ( APTV ) beat Wall Street expectations for

quarterly profit on Thursday. However, revenue from the

company's segment which makes electrical components declined 3%

due to a reduction in production by some customers.

In May, Magna recorded asset impairments and restructuring

costs of $316 million related to embattled EV startup Fisker.

Ontario-based Magna lowered its 2026 sales forecast range to

$44.0 billion to $46.5 billion, compared with its prior view of

$48.8 billion to $51.2 billion.

On an adjusted basis, the company earned $1.35 per share in

the second quarter ending June, compared with estimates of

$1.44, according to LSEG data.

Magna's quarterly revenue fell marginally to $10.96 billion.

Analysts had expected revenue of about $11 billion.