Magna International Inc.
Company Snapshot
Founded: 1957
Entity Type: Public
Employees: 179000
Region: U.S.
Revenue: $42797 Millions
Revenue Year: 2023
Segment: Body Exteriors & Structures
Headquarter: Aurora, Canada
Key Geographics: North America, Europe, Asia-Pacific, Rest of the World
Corporate Address: 337 Magna Drive Aurora, Ontario, Canada, L4G 7K1. Tel. +1-905-726-2462 www.magna.com
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.
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 