Magna Intern Stock Price, News & Analysis

Magna (NYSE:MGA) expanded its strategic collaboration with NVIDIA on Jan 5, 2026 to offer OEMs Hyperion-compatible ECUs and tier-1 system integration, validation, and vehicle launch services for NVIDIA DRIVE AV running on DRIVE AGX Thor accelerated compute.

The offering targets assisted and automated driving across L2++, L3, and L4 autonomy levels and includes system integration, verification and validation, safety approval, and global rollout support to accelerate software-defined vehicle deployment.

GAC (MGA) and Magna announced a vehicle assembly program to expand localized electric vehicle production in Europe, dated Nov 21, 2025. Serial production of GAC's electric SUV AION V is now underway at Magna's Graz facility, following the model's five-star Euro NCAP rating.

The collaboration covers assembly, supply and sales, with GAC debuting the AION V in Finland, Poland and Portugal, and plans to expand into more European markets via partnerships and sales networks. Magna's Graz plant can produce ICE, hybrid and EVs on shared lines; Magna notes 125 years of manufacturing experience and >4 million vehicles produced globally.

Magna (NYSE:MGA) is expanding in China with a new 160,000 sq ft facility in the Jiujiang Economic Development Zone, Wuhu, to produce eDrive electric drive systems for Chery and other automakers.

The operation is intended to support China’s accelerating electrification, create approximately 200 jobs at full production, and leverage Magna’s existing China footprint, where it recorded $5.6 billion in 2024 sales with ~60% from Chinese OEMs.

Magna (TSX:MG; NYSE:MGA) announced a renewal of its normal course issuer bid authorizing the repurchase of up to 25,300,000 common shares (about 10% of public float). The NCIB commences on November 7, 2025 and terminates no later than November 6, 2026. Purchases may be made on TSX, NYSE, alternative trading systems, or by private agreement and may be used for cancellation or to fund stock-based compensation. Magna also established an automatic purchase plan to enable buys during blackout periods.

Magna (TSX:MG, NYSE:MGA) reported Q3 2025 sales of $10.5 billion (up 2% year‑over‑year) and Adjusted EBIT of $613 million (up 3% vs. Q3 2024). Diluted EPS was $1.08 and Adjusted diluted EPS rose 4% to $1.33. Income from operations before income taxes fell to $473 million, reflecting a prior‑year $196 million recognition of Fisker deferred revenue. The company raised its 2025 Outlook for sales, Adjusted EBIT margin (now 5.4%–5.6%), and Adjusted Net Income attributable to Magna, and approved a Normal Course Issuer Bid to repurchase up to ~25.3 million shares (10% of public float). Board declared Q4 dividend of $0.485 per share. Updated capex approx $1.5 billion.

Magna (NYSE:MGA) announced it is entering its first full year of scaled global production for a mirror-integrated Driver Monitoring System (DMS) launched with a Germany-based OEM in China, after initial SOP in 2024. The program is one of Magna’s largest DMS awards, with volumes expected to reach several million units annually. The camera-and-sensor system monitors driver attention and occupant presence while integrating discreetly behind mirror glass to support styling and evolving safety regulations. Magna highlights scalable architecture, occupant detection, and broader interior sensing capabilities, and notes a 2024 Automotive News PACE Award for the technology.

Magna International (NYSE:MGA), a leading mobility technology company, has scheduled its Third Quarter 2025 financial results announcement for Friday, October 31st, 2025, at 8:00 AM ET. The company will host a live audio webcast and conference call, with presentation materials available on their investor website prior to the call.

Magna operates as one of the world's largest automotive suppliers with 164,000 employees across 338 manufacturing operations and 106 development centers in 28 countries. The company leverages its 65+ years of expertise in interconnected products and complete vehicle development to advance mobility solutions.

Magna (NYSE:MGA) has secured a significant partnership with Chinese electric vehicle manufacturer XPENG to assemble two new electric vehicle models in Europe. The production will commence in Q3 2025 at Magna's facility in Graz, Austria, marking the first Chinese automaker to localize production in Magna's European complete vehicle operations.

This partnership represents a strategic milestone for both companies, with Magna leveraging its 125 years of manufacturing expertise and track record of producing over 4 million vehicles. The collaboration aligns with XPENG's European localization strategy and sets the foundation for future model developments.

Magna (NYSE:MGA) has appointed Philip D. Fracassa as Executive Vice-President and Chief Financial Officer, effective immediately. Fracassa succeeds Patrick McCann, who is stepping down after more than 26 years with the company, including serving as CFO since 2022. McCann will remain in an advisory role until February 2026.

Fracassa joins Magna from The Timken Company (NYSE:TKR), where he served as CFO for over a decade during his 20-year tenure. He brings extensive automotive and industrial sector experience from roles at Timken, Visteon Corporation, General Motors, and Price Waterhouse. The appointment aligns with Magna's strategy to drive sustainable shareholder value through operational excellence, financial discipline, and efficient capital allocation.