Latest Magna International Inc. Stories
AURORA, ON, May 10, 2013 /PRNewswire/ - Magna International Inc. (TSX: MG, NYSE: MGA) announced voting results from its 2013 annual meeting of shareholders held today. A total of 188,720,891 million Common Shares, or 80.6% of our issued and outstanding Common Shares, were voted in connection with the annual meeting. Shareholders voted in favour of all items of business, including election of each director nominee by a substantial majority as follows: Scott B. Bonham...
AURORA,ON, May 10, 2013 /PRNewswire/ - Magna International Inc. (TSX: MG; NYSE: MGA) today reported financial results for the first quarter ended March 31, 2013. THREE MONTHS ENDED March 31, 2013 March 31, 2012 Sales...
TORONTO, April 25, 2013 /PRNewswire/ - Magna International Inc. (TSX: MG; NYSE: MGA) is holding its Annual Meeting of Shareholders on Friday, May 10, 2013 at The Westin Prince Hotel, 900 York Mills Road, Toronto, Ontario, Canada commencing at 10:00 a.m. (Toronto time). The meeting will be webcast live and can be accessed at www.magna.com. Magna will also announce its financial results for the first quarter ended March 31, 2013 on the morning of the meeting. Magna will hold its...
Strategic partnership, proprietary production capability help set the pace PARIS, March 12, 2013 /PRNewswire/ - Magna International Inc. announced that its Magna Exteriors and Interiors (MEI) operating unit, together with strategic development partner Zoltek, offers best-in-class capabilities in providing carbon fiber composite parts and systems for high-volume automotive applications to support automakers' lightweighting initiatives. MEI and Zoltek, the worldwide leading...
AURORA, ON, March 1, 2013 /PRNewswire/ - Magna International Inc. (TSX: MG) (NYSE: MGA) today reported financial results for the fourth quarter and year ended December 31, 2012. THREE MONTHS ENDED YEAR ENDED DECEMBER 31, DECEMBER 31, 2012 2011 2012 2011...
AURORA, ON, Feb. 19, 2013 /PRNewswire/ - Magna International Inc. (TSX: MG; NYSE: MGA) will release its financial results for the fourth quarter and year ended December 31, 2012 on Friday, March 1, 2013. Magna will hold its quarterly conference call on Friday, March 1, 2013 at 8:00 a.m. Eastern. The number to use for this call is 1-800-699-3428. Overseas callers should use 1-416-641-6715. Please call in at least 10 minutes prior to start time. The conference call will be...
Automotive pump manufacturer improves technology position, global footprint AURORA, ON, Nov. 30, 2012 /PRNewswire/ - Magna International Inc. announced today that its Magna Powertrain operating unit has completed the transaction to acquire ixetic Verwaltungs GmbH ("ixetic"), a manufacturer of automotive vacuum, engine and transmission pumps. With the acquisition, Magna Powertrain continues to execute its strategy to solidify and improve its market position in the field of...
AURORA, ON, Nov. 9, 2012 /PRNewswire/ - Magna International Inc. (TSX: MG, NYSE: MGA) today announced that the Toronto Stock Exchange ("TSX") had accepted its Notice of Intention to Make a Normal Course Issuer Bid (the "Notice"). Pursuant to the Notice, we may purchase up to 12,000,000 Magna Common Shares (the "Bid"), representing approximately 5.2% of our public float. As at November 7, 2012 we had 233,228,126 issued and outstanding Common Shares, including a public float of...
AURORA, ON, Oct. 30, 2012 /PRNewswire/ - Magna International Inc. (TSX: MG; NYSE: MGA) will announce its financial results for the third quarter ended September 30, 2012, on Thursday, November 8, 2012. Magna will hold its quarterly conference call on Thursday, November 8, 2012 at 8:00 a.m. Eastern Time. The number to use for this call is 1-877-360-1773. Overseas callers should use 1-706-679-9940. Please call in at least 10 minutes prior to start time. The conference call...
AURORA, ON, Oct. 19, 2012 /PRNewswire/ - Nissan Motor Co. Ltd. today informed Magna of Nissan's intention to assemble its future premium compact Infiniti vehicle in-house. In May 2012, Magna and Infiniti had announced a memorandum of understanding relating to assembly of the vehicle by Magna Steyr on a contract manufacturing basis. "Although we would have liked to see the assembly of Infiniti's new compact vehicle realized at Magna Steyr, we are pleased that Magna remains an...
