Do These 3 Checks Before Buying Magna International Inc. (TSE:MG) For Its Upcoming Dividend

Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be intrigued to know that Magna International Inc. (TSE:MG) is about to go ex-dividend in just four days. Typically, the ex-dividend date is one business day before the record date which is the date on which… Continue reading Do These 3 Checks Before Buying Magna International Inc. (TSE:MG) For Its Upcoming Dividend

Motor Vehicle Seating and Interior Trim Global Market Report 2023

NEW YORK, Feb. 17, 2023 /PRNewswire/ — Major players in the motor vehicle seating and interior trim market are ContiTech AG, Magna International, Hyundai Mobis Co., Faurecia S.A., TATA Group, Toyoda Gosei, Johnson Controls, Faurecia S.A., Magna, and International Textile Group. Read the full report: https://www.reportlinker.com/p06277710/?utm_source=PRN Continue Reading Source: ReportLinker The global motor vehicle seating… Continue reading Motor Vehicle Seating and Interior Trim Global Market Report 2023

Magna’s (MGA) Q4 Earnings Miss, Sales Beat, Dividend Up

Magna International MGA reported fourth-quarter 2022 adjusted earnings of 91 cents per share, which slumped 30% on a year-over-year basis. The bottom line also lagged the Zacks Consensus Estimate of $1.24 a share. Lower-than-expected EBIT in Body Exteriors & Structures, Power & Vision and Seating Systems segments led to the underperformance. In the reported quarter,… Continue reading Magna’s (MGA) Q4 Earnings Miss, Sales Beat, Dividend Up

Magna to invest $470 million for expansion in Ontario

(Reuters) – Magna International Inc said on Wednesday it was investing more than $470 million to expand its operations across Ontario, Canada, as it looks to increase its presence across the province. The expansion includes a 490,000-square-foot factory in Brampton that will be used to make battery enclosures for electric vehicles, including the Ford F-150… Continue reading Magna to invest $470 million for expansion in Ontario

Magna to invest $470 mln for expansion in Ontario

Feb 15 (Reuters) – Magna International Inc said on Wednesday it was investing more than $470 million to expand its operations across Ontario, Canada, as it looks to increase its presence across the province. The expansion includes a 490,000-square-foot factory in Brampton that will be used to make battery enclosures for electric vehicles, including the… Continue reading Magna to invest $470 mln for expansion in Ontario

Cadillac to reveal 3 new EVs this year and which factories will build them

When Cadillac Vice President Rory Harvey told reporters Wednesday that General Motors’ luxury brand would reveal three brand-new electric vehicles this year, it was a tease meant to whet the appetite. It did just that and more. He was barraged with questions about the mystery machines and joked he was getting kicked under the table… Continue reading Cadillac to reveal 3 new EVs this year and which factories will build them

Magna Announces New Facility and Expands in Five Other Locations Across Ontario to Support New Business

Company awarded business in a strategic product required for electric vehicles Building a new battery enclosures facility in Brampton, Ontario More than 1,000 new jobs expected to be created across six locations AURORA, Ontario, Feb. 15, 2023 (GLOBE NEWSWIRE) — Today, Magna announced it is investing more than $470 million to expand its operations across… Continue reading Magna Announces New Facility and Expands in Five Other Locations Across Ontario to Support New Business

Micro Mobility Industry Gains Steam from Rising Demand for Electric Bicycles and Scooters – Grand View Research, Inc.

SAN FRANCISCO, Feb. 15, 2023 /PRNewswire/ — The global micro mobility industry size garnered USD 21.43 billion in 2021 and it is expected to advance with CAGR of 13.9% during the forecast period 2022 to 2030, according to the “Micro Mobility Industry Data Book, 2022-2030,” published by Grand View Research. A concerted effort to minimize… Continue reading Micro Mobility Industry Gains Steam from Rising Demand for Electric Bicycles and Scooters – Grand View Research, Inc.

Magna Announces New Facility and Expands in Five Other Locations Across Ontario to Support New Business

Company awarded business in a strategic product required for electric vehicles Building a new battery enclosures facility in Brampton, Ontario More than 1,000 new jobs expected to be created across six locations AURORA, Ontario, Feb. 15, 2023 (GLOBE NEWSWIRE) — Today, Magna announced it is investing more than $470 million to expand its operations across… Continue reading Magna Announces New Facility and Expands in Five Other Locations Across Ontario to Support New Business

Magna Announces New Facility and Expands in Five Other Locations Across Ontario to Support New Business

Magna International Inc. Rendering of Magna Structures Heart Lake facility in Brampton Rendering of Magna Structures Heart Lake facility in Brampton. Company awarded business in a strategic product required for electric vehicles Building a new battery enclosures facility in Brampton, Ontario More than 1,000 new jobs expected to be created across six locations AURORA, Ontario,… Continue reading Magna Announces New Facility and Expands in Five Other Locations Across Ontario to Support New Business