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What does the company Magna International do?

What does the company Magna International do?

Magna International Inc (NYSE:MGA) Magna International, Inc. is a mobility technology company, which engages in the design, engineering, and manufacturing of automotive supplies. It operates through the following segments: Body Exteriors and Structures, Power and Vision, Seating Systems, and Complete Vehicles.

Who is the owner of Magna International?

Frank Stronach CM
Frank Stronach CM (born 6 September 1932) is an Austrian and Canadian businessman and politician. He is the founder of Magna International, an international automotive parts company based in Aurora, Ontario, Canada, Granite Real Estate, and The Stronach Group.

What kind of business is Magna in?

About Magna International Inc Magna International Inc. is a Canada-based mobility technology company. The Company’s segments include Body Exteriors & Structures, Power & Vision, Seating Systems and Complete Vehicles.

What products does Magna International make?

It produces automotive systems, assemblies, modules, and components, which are supplied to General Motors, Ford Motor Company and FCA, as well as BMW, Mercedes, Volkswagen, Toyota, Tesla, and Tata Motors, among others. Magna International Inc.

Who is Seetarama kotagiri?

Swamy Kotagiri, age 53, became the Chief Executive Officer of Magna effective January 1, 2021 and he is Management’s sole representative on the Board.

Who are Magna International customers?

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.

How many employees does Magna International have?

169,000Magna International / Number of employees (2019)

Who is Frank Stronach daughter?

Belinda StronachFrank Stronach / Daughter

How much does Swamy Kotagiri make?

Seetarama Kotagiri made $7,452,000 in total compensation as Chief Executive Officer and Director at Magna International Inc in 2020. $1,877,000 was received as Total Cash, $5,575,000 was received as Equity and $0 was received as Pension and other forms of compensation.

Who is the CFO of Magna?

Vincent J. Galifi
Galifi Executive Vice President & Chief Financial Officer Magna International, Inc.

Who are Magna competitors?

Magna’s key competitors include firms like Dana Holding Corp, Johnson Controls, Lear Corp, Robert Bosch Corp and BorgWarner Inc. The firm also competes directly with assemblers who may decide to make some parts (usually large, bulky ones) in house — i.e., the ‘make or buy’ decision.

Is Magna a Fortune 500 company?

Fortune Global 500: Magna International.