As automakers consolidate purchases with fewer suppliers, large vendors such as Magna are in the best position to gain share because they can offer a wide range of parts, modules, and complete systems ...

CEO Swamy Kotagiri highlighted Magna's Q4 2024 achievements, which included a 2% year-over-year increase in sales to $10.6 billion and a 27% rise in EPS to $1.69. He emphasized strong operational ...