News for Magna International Inc. (MGA)

As February was concluding, Reuters reported that Canada's economy showed unexpected strength in Q4 2024, with an annualized growth rate of 2.6%.

Magna International Inc. CEO says tariffs are untenable in the long run but the auto industry faces other challenges.

Barclays has adjusted its outlook on Magna International Inc. (MGA), reducing the stock's price target from $47 to $37, while maintaining an Equal Weight rating

RBC Capital downgrades Magna International due to economic factors, impacting stock forecasts. Wall Street analysts predict a significant upside for Mag

RBC Capital analyst Tom Narayan has adjusted his outlook on Magna International (MGA), lowering the stock's price target from $51 to $32. This adjustment is par

RBC Capital analyst Tom Narayan has revised his outlook on Magna International Inc. (MGA), downgrading the stock from "Outperform" to "Sector Perform." The pric

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Magna’s vehicle technologies and high-performance parts and systems to be on display Key focus areas include sustainable innovations, ADAS, personalized brand exper…

Canada will put 25% retaliatory tariffs on US-made vehicles in response to the Trump administration’s import taxes on foreign autos, Prime Minister Mark Carney said…

AURORA, Ontario, March 28, 2025 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; : MGA) today announced that its 2024 Annual Report, including Managemen

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Shares of Magna International Inc (MGA) fell 7.50% in mid-day trading on Mar 27. The stock reached an intraday low of $34.56, before recovering slightly to $3

Magna International Inc (MGA), a global leader in mobility technology, announced on March 18, 2025, a strategic collaboration with NVIDIA to integrate the NVIDI

Magna to integrate NVIDIA DRIVE AGX, built on DRIVE Thor SoC, for next-generation vehicle intelligenceCollaboration to deliver AI-powered, scalable solutions fo

Magna to integrate NVIDIA DRIVE AGX, built on DRIVE Thor SoC, for next-generation vehicle intelligence Collaboration to deliver AI-powered, scalable solutions for A…

Canada’s biggest auto parts names are buckling under the weight of U.S. President Donald Trump’s tariff threats. Find out more.

Linamar is not considering shifting production despite the short-term tariff threats, as such moves would be costly and unproductive.

Adding steel and aluminum tariffs to auto tariffs would cost carmakers billions of dollars and is “likely to shut the industry down,” says the head of Canada’s seco…