AURORA, Ontario, Feb. 13, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange (“TSX”) had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the “Notice”). Pursuant to the Notice, Magna may purchase up to 300,000 Magna Common Shares (the “Bid”), representing approximately… Continue reading TSX Accepts Notice of Intention to Make Normal Course Issuer Bid
Author: Magna International Official News
CORRECTION – Magna Announces Fourth Quarter 2023 Results and 2024 Outlook
In a release issued under the same headline on Friday, February 9th by Magna International Inc. (TSX: MG; NYSE: MGA), please note that some of the information in the Consolidated Statements of Cash Flows and Supplemental Data tables has been updated. The corrected release follows: Fourth Quarter 2023 Highlights Sales increased 9% to $10.5 billion,… Continue reading CORRECTION – Magna Announces Fourth Quarter 2023 Results and 2024 Outlook
Magna Announces Fourth Quarter 2023 Results and 2024 Outlook
Fourth Quarter 2023 Highlights Sales increased 9% to $10.5 billion, compared to 7% increase in global light vehicle production Sales increased 4% excluding foreign currency translation and acquisitions net of divestitures Diluted earnings per share and Adjusted diluted earnings per share increased to $0.94 and $1.33, respectively, compared to $0.33 and $0.94 last year Paid… Continue reading Magna Announces Fourth Quarter 2023 Results and 2024 Outlook
Magna Awarded Specialized eDrive System Business With North America-Based OEM
New electrification program to support high-end niche vehicle platform Primary rear system is a variant of Magna’s 800V eDS Duo, delivering exceptional power and performance in one package Award reflects company’s expertise in electric powertrain system engineering, integration AURORA, Ontario, Feb. 06, 2024 (GLOBE NEWSWIRE) — Magna is growing its electrification customer base with a… Continue reading Magna Awarded Specialized eDrive System Business With North America-Based OEM
Magna annonce la date de la conférence téléphonique sur ses résultats du 4e trimestre et de l’exercice 2023, ainsi que ses perspectives 2024
AURORA, Ontario, 23 janv. 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX :MG) (NYSE :MGA) MAGNA ANNONCE LA DATE DE LA CONFÉRENCE TÉLÉPHONIQUE SUR SES RESULTATS DU 4E TRIMESTRE ET DE L’EXERCICE 2023, AINSI QUE SES PERSPECTIVES POUR 2024 VENDREDI 9 FÉVRIER 2024 8h00 (HEURE DE L’EST) NUMÉROS À COMPOSER Appel gratuit depuis les… Continue reading Magna annonce la date de la conférence téléphonique sur ses résultats du 4e trimestre et de l’exercice 2023, ainsi que ses perspectives 2024
Magna kündigt Termin für Telefonkonferenz zum 4. Quartal und Jahresende 2023 sowie für Ausblick 2024 an
AURORA, Ontario, Jan. 23, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA KÜNDIGT TERMIN FÜR TELEFONKONFERENZ ZUM 4. QUARTAL UND JAHRESENDE 2023 sowie für AUSBLICK 2024 AN FREITAG – 9. FEBRUAR 2024 08:00 UHR ET EINWAHLNUMMERN Nordamerika (gebührenfrei): 1-800-621-4410 International (gebührenpflichtig): 1-416-981-9010 Webcast: www.magna.com Die Folienpräsentation wird vor der Telefonkonferenz… Continue reading Magna kündigt Termin für Telefonkonferenz zum 4. Quartal und Jahresende 2023 sowie für Ausblick 2024 an
Magna Announces Date for Q4 & Year End 2023 Results and 2024 Outlook Conference Call
AURORA, Ontario, Jan. 16, 2024 (GLOBE NEWSWIRE) — Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA ANNOUNCES DATE FOR Q4 & YEAR END 2023 RESULTS and 2024 OUTLOOK CONFERENCE CALL FRIDAY – FEBRUARY 9, 2024 8:00 AM ET DIAL IN NUMBERS North America Toll-Free: 1-800-621-4410 International Toll: 1-416-981-9010 Webcast: www.magna.com Slide presentation will… Continue reading Magna Announces Date for Q4 & Year End 2023 Results and 2024 Outlook Conference Call
Magna Unveils Next Generation eDrive at CES 2024
Lightweight, compact and sustainable product offers added efficiency and power New eDrive solution offers unique ability to rotate 90 degrees around drive axis Versatile application can serve as primary or complementary secondary drive solution with optional eDecoupling AURORA, Ontario, Jan. 09, 2024 (GLOBE NEWSWIRE) — As CES 2024, one of the world’s largest and most… Continue reading Magna Unveils Next Generation eDrive at CES 2024
Magna Advances Road Safety With Impaired Driving Prevention Technology
Technology to help enhance detection of impaired driving, a leading cause of traffic-related fatalities in the U.S. The passive system approach uses both vision and infrared sensor technology Cockpit-embedded sensors and camera system measure alcohol from a driver’s exhaled breath and through pupillary signals AURORA, Ontario, Jan. 09, 2024 (GLOBE NEWSWIRE) — At CES 2024,… Continue reading Magna Advances Road Safety With Impaired Driving Prevention Technology
Magna Enhances ADAS Capabilities by Joining 5G Innovation Program
NorthStar partnership with Telia and Ericsson to help support Magna’s V2V and V2X developments Private 5G network testing environment established at Magna’s test track in Sweden Magna to have access to 5G mmWave technology, enabling low latency gigabit speeds AURORA, Ontario, Dec. 04, 2023 (GLOBE NEWSWIRE) — Magna, a leading global mobility technology company, is… Continue reading Magna Enhances ADAS Capabilities by Joining 5G Innovation Program