Ranking Profile - Magna International Inc

Introduction

Magna International Inc (Magna) is a mobility technology company that offers modular solutions for system and part, and full-vehicle assembly. The company sells its products to original equipment manufacturers of cars and light trucks. It undertakes the design, engineering, testing and manufacture of automotive systems; seating systems; closure systems; body and chassis systems; vision systems; electronic systems; exterior systems; powertrain systems; roof systems; hybrid and electric vehicles/systems; and complete vehicle engineering and contract manufacturing. The company operates through its manufacturing operations, product development, engineering and sales centers across Asia, Europe, North, and South American regions. Magna is headquartered in Aurora, Ontario, Canada.

Company info

Country (HQ): Canada
Sector: Automotive
Market Cap (US$ m): 15,415
Revenue (US$ m): 37,840 (2022)

Innovation ranking

600

Innovation score

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