AskBiography Logo   Latest News  Follow Us on Twitter  Follow Us on Google Buzz  Became Fan - Facebook  Subscribe to RSSRSS   Bookmark and Share

Magna International

Magna International
Company nameMagna International Inc.
Company typePublic
IndustryAutomotive systems, components and modules
HeadquartersAurora, Ontario, Canada
Key peopleFrank Stronach, Director and Honorary Chairman
Donald Walker, CEO
Vincent J. Galifi, Executive VP & CFO
ProductsSee products listing.
Revenue$24.1 billion USD (year end 2010), $7.3 billion (2nd quarter 2011)
Operating income$362 million USD (2nd quarter 2011)
Net income$282 million USD (2nd quarter 2011)
Employees104,000 (August 2011) 

     Home | Company | Magna International

Magna International Inc. (TSX - MG), is an automotive supplier headquartered in Aurora, Ontario, Canada. It is Canada's largest automobile parts manufacturer, and one of the country's largest companies. It owns the Magna Steyr automobile production company of Austria.

Magna also manufactures auto parts that are primarily supplied to GM, Ford Motor Company, and Chrysler LLC. In addition to the Big 3 U.S. automakers, Magna's major customers include Volkswagen, BMW and Toyota. In Europe, Magna Steyr holds contracts for the assembly of the Peugeot RCZ, Aston Martin Rapide and Mini Countryman.

Magna has approximately 104,000 employees in 269 manufacturing operations and 84 product development, engineering and sales centres in 26 countries.

Warning: simplexml_load_file( [function.simplexml-load-file]: failed to open stream: HTTP request failed! HTTP/1.0 410 Gone in /home/askbio/public_html/index_bio.php on line 257

Warning: simplexml_load_file() [function.simplexml-load-file]: I/O warning : failed to load external entity "" in /home/askbio/public_html/index_bio.php on line 257

Fatal error: Call to a member function children() on a non-object in /home/askbio/public_html/index_bio.php on line 260