Magna International Inc
(NYSE:MGA)
Magna International prides itself on a highly entrepreneurial culture and a corporate constitution that outlines distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2023, 48% of Magna's $42.8 billion of revenue came from North America while Europe accounted for approximately 38% and Asia the remainder. The firm's top six customers constituted 76% of revenue with the top three being GM, Mercedes, and BMW. GM was the largest contributor at 14%. The company was founded in 1957, has over 179,000 employees, and is based in Aurora, Ontario.
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View the most recent Magna International trades made by congress members.
Earl BlumenauerHouse (D-OR) | $1K - $15K | stock | Sale | May 04, 2024 | Apr 04, 2024 | House |
Earl BlumenauerHouse (D-OR) | $1K - $15K | stock | Sale | Apr 01, 2022 | Mar 14, 2022 | House |
Earl BlumenauerHouse (D-OR) | $1K - $15K | stock | Purchase | Apr 01, 2022 | Feb 24, 2022 | House |