Magna International Net worth 2024 (estimated)
| How much is Magna International worth? | Under review
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Magna International facts
- is a Canadian global automotive supplier headquartered in Aurora, Ontario, Canada
- In 2014 it was the largest automobile parts manufacturer in North America by sales of original equipment parts, and one of Canada's largest companies
- Its operating groups include Magna Steyr, Magna Powertrain, Magna Exteriors, Magna Seating, Magna Closures, Magna Mirrors, Magna Electronics and Cosma International
- Magna manufactures auto parts that are primarily supplied to General Motors, Ford Motor Company, and Chrysler LLC
- In addition to the Big 3 U
- S
- automakers, Magna's major customers include Tesla Motors, Volkswagen, BMW and Toyota
- In Europe, Magna Steyr holds contracts for the assembly of the Peugeot RCZ and Mini Countryman
- Magna has approximately 152,000 employees in 309 manufacturing operations and 99 product development, engineering and sales centres in 29 countries
- Magna operates under a corporate constitution which calls for distribution of profits to employees and shareholders
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