Magna International is a leading automotive supplier and one of largest auto parts manufacturers in the world. The company operates through a large network of 339 manufacturing and 89 product development, engineering and sales centers in 28 countries.
North America is the largest market for Magna International, accounting for nearly half of the company’s sales; Europe and Asia are the other major markets. Magna International’s key operating segments are Body Exteriors & Structures (~8% EBIT margin), Power & Vision (~10%), Seating Systems (~8%) and Complete Vehicles (~2%).
Magna is one of the largest and most respected automotive parts suppliers in the world. With over six decades of experience in the auto industry, Magna has become a popular brand today with its products found on most vehicles today.