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Magna International Inc.MGA
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Magna International Inc. designs, engineers, and manufactures components, assemblies, systems, subsystems, and modules for original equipment manufacturers of vehicles and light trucks worldwide.

It operates through four segments: Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles.

The Body Exteriors & Structures segment provides body and chassis, exterior, and roof systems, as well as battery enclosures and engineering and testing services, including fascia and trims, front end modules, integration panels, liftgate modules, active aerodynamics, engineered glass, running boards, truck bed access products, breakthrough lightings, quarter windows, encapsulated glasses, and side doors.

The Power & Vision segment offers "electric drive systems and components, such as emotors, inverters, onboard chargers, gearboxes, and e-clutch; dedicated hybrid drives, dual and hybrid dual clutch, and manual transmissions; AWD/4WD products and rear drive modules; transmission, driveline components, and ICE; engineering services; advanced driver assistance systems sensors and, and electronic control units; interior and exterior mirrors, camera and driver monitoring systems and electronics, actuators, door handles, and overhead consoles; forward, rear, and auxiliary lighting products; latching, door modules, window, power closure, and hinges and wire forming systems; and modular and textile folding roofs, and hard and soft tops.

The Seating Systems segment provides seat structures, mechanism and hardware solutions, and foam and trim products.

The Complete Vehicles segment offers vehicle engineering and manufacturing services. The company also designs, engineers, and manufactures tooling products.

Magna International Inc. was founded in 1957 and is headquartered in Aurora, Canada.

Latest News >
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EU regulator to review reports of suicidal thoughts and weight loss drugs
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April 8 (Reuters) - A European Medicines Agency committee will this week hold a meeting related to its probe into reports of suicidal thoughts after taking diabetes and weight loss drugs such as Novo Nordisk's Ozempic, an agenda showed on Monday. The agency began its review into the class of weight loss and diabetes drugs, known as GLP-1 receptor agonists,...
AltC Acquisition Shares Soar as Oklo Announces Power Supply Deal
AltC Acquisition Shares Soar as Oklo Announces Power Supply Deal
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Pressure grows on Swiss insurer Baloise to change voting rules
Pressure grows on Swiss insurer Baloise to change voting rules
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ZURICH, April 8 (Reuters) - Shareholder pressure is growing on insurer Baloise to change its voting rules, with influential proxy advisor Glass Lewis backing one investor's bid to remove a 2% ceiling on voting rights, saying it would make the Swiss group more attractive. Baloise shareholders have no more than 2% of votes, irrespective of how big their stake is,...
Global Net Lease Completes $237 Million Refinancing Backed by Industrial Properties; Shares Rise
Global Net Lease Completes $237 Million Refinancing Backed by Industrial Properties; Shares Rise
Apr 8, 2024
11:21 AM EDT, 04/08/2024 (MT Newswires) -- Global Net Lease ( GNL ) said Monday it completed a $237 million commercial mortgage-backed security loan secured by 20 US industrial assets that were previously secured under a corporate credit facility. The new loan matures in April 2029 and has a fixed all-in interest rate of 5.74%, or 159 basis points lower...
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