TSX:MG (Magna International Inc.)

About MG

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 contracted vehicle assembly. Roughly 46% of Magna's revenue comes from North America while Europe accounts for approximately 43%.
  • Magna International Inc. (TSX: MG) Latest News

    edit Safety First illustration
    Dividend Stocks

    SALE: 3 Cheap (and Defensive) TSX Stocks for Passive Income

    Magna International Inc. (TSX:MG)(NYSE:MGA) and two other stocks are on sale right now and mix defensive qualities with dividends.

    Read more »

    Young adult woman walking up the stairs with sun sport background
    Dividend Stocks

    Canada Revenue Agency: 2 Steps to Stay Ahead of the CRA With Your RRSP

    Make early contributions to your RRSP and invest in National Bank of Canada stock and Magna stock to build wealth.…

    Read more »

    gas station, car, and 24-hour store
    Dividend Stocks

    Tesla Inc. Is Expensive: Own This Car Stock Instead

    Although Tesla Inc. (NASDAQ:TSLA) is a hot stock, you would be better off over the long-term owning shares of Magna…

    Read more »

    Automated vehicles
    Investing

    Forget Tesla! This Canadian Self-Driving Stock Is a Better Bet

    Elon Musk's company is flying high, but Canadian autoparts giant Magna International (TSX:MG)(NYSE:MGA) supplies the underlying technology.

    Read more »

    Dice engraved with the words buy and sell
    Investing

    Forget Tesla (NASDAQ:TSLA): Buy This Self-Driving Stock Instead!

    Tesla (NASDAQ:TSLA) has been soaring in recent months and it may be overdue for a correction.

    Read more »

    Modern buildings in business district
    Dividend Stocks

    2 Top TSX Stocks to Buy Now and Beat the Market

    Nutrien Ltd. (TSX:NTR)(NYSE:NTR) and a major North American auto stock are market leaders – but are they a buy?

    Read more »

    Arrow descending on a graph
    Stocks for Beginners

    Prep Your TFSA for a 2020 Stock Market Crash Before it’s Too Late!

    Why overweighting cyclicals like Magna International Inc. (TSX:MG)(NYSE:MGA) could cause your TFSA to lose big money in a recession.

    Read more »

    Value for money
    Dividend Stocks

    3 Amazing Value Stocks for 2020

    This group of bargains, including Nutrien (TSX:NTR)(NYSE:NTR), can help build your wealth the prudent way.

    Read more »

    Conflict between USA and China, male fists - governments conflict concept
    Dividend Stocks

    1 Top TSX Stock to Buy for a U.S.-China Breakthrough

    Stocks like Magna International Inc. (TSX:MG)(NYSE:MGA) could soar with a breakthrough in U.S.-China relations.

    Read more »

    Shopping card with boxes labelled REITs, ETFs, Bonds, Stocks
    Investing

    Warren Buffett’s Favourite Auto Stock

    Magna International Inc (TSX:MG) appears to be an excellent way to gain exposure to the fast growing self-driving car market…

    Read more »

    Automated machines
    Tech Stocks

    GM Strike Cost Magna (TSX:MG) $1 Billion and Boosts Internet of Things

    Magna International (TSX:MG)(NYSE:MGA) reduced its annual sales and net income projections on Friday and opened lower by around $3.32 --…

    Read more »

    Volatile market, stock volatility
    Dividend Stocks

    2 Overvalued TSX Index Stocks That Could Plunge

    Magna International Inc. (TSX:MG)(NYSE:MGA) and another value trap that could scar your portfolio.

    Read more »