Magna International Inc. · Aurora, Ontario Canada ·(NYSE: MGA)(Toronto: MG)
Company Description
Phone: +1-905-726-2462
Fax: +1-905-726-7164
Rankings
- TSX 60
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Through its various subsidiaries and divisions, Magna International makes just about everything you might need to put together a motor vehicle. Magna Steyr , Magna's largest division, offers vehicle engineering and assembly. Magna's interior and exterior systems division (Decoma International ) makes exterior trim, lighting, sealing systems, instrument and door panels, and sound insulation. Cosma International makes body and chassis systems. Magna Powertrain offers transaxles, transmission systems, and engine parts. Magna Mirrors makes automotive mirrors and driver assistance products. Other operations include Magna Seating, Magna Car Top Systems, Magna Electronics, and Magna Closures. To read the full description, subscribe now.
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Magna International Inc. Executives
38 executives listed for Magna International Inc.'s Aurora, Ontario location.
| Title | Name & Bio | Contact |
| Chairman | Frank Stronach | Network |
| Executive Vice Chairman | Belinda Stronach | Network |
| Co-CEO and Director | Siegfried Wolf | Network |
Competition
Competitive Landscape for Magna International Inc.
Demand for auto parts is driven by new car sales, which are strongly affected by interest rates, and by the replacement market. Company profitability industry depends partly on the difficulty of manufacturing products and partly on demand volume, since many costs are fixed. Small companies can compete successfully by focusing on a small number of products or some highly technical ones. The structure of the industry is complex, with most smaller companies (referred to as "tier 2" and "tier 3" suppliers) selling parts to larger suppliers (referred to as "tier 1" suppliers), who in turn sell component assemblies or modules to car and truck assemblers such as GM and Ford - collectively called OEMs. To read the full description, subscribe now.Top Magna International Inc. Competitors
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