Name | Value |
---|---|
Revenues | 10.7B |
Cost of Revenue | 9.3B |
Gross Profit | 1.4B |
Operating Expense | 0.9B |
Operating I/L | 0.6B |
Other Income/Expense | -0.4B |
Interest Income | 0.0B |
Pretax | 0.5B |
Income Tax Expense | 0.1B |
Net Income/Loss | 0.4B |
Magna International Inc. is a global leader in designing, engineering, and manufacturing components, assemblies, and systems for vehicle manufacturers. The company operates through segments including Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles, offering a wide range of products such as body and chassis systems, hybrid and electric drive systems, transmissions, advanced driver assistance systems, interior and exterior mirrors, lighting products, seat structures, and vehicle engineering and manufacturing services. With a focus on automotive technology and innovation, Magna International generates revenue by providing a diverse portfolio of automotive components and solutions to original equipment manufacturers worldwide.