Magna International Inc. engages in the design, manufacture, and marketing of automotive parts for a range of motor vehicles. The company is headquartered in Aurora, Canada. Magna was founded in 1957, and operates internationally, with development, engineering, and sales facilities in approximately 25 countries.
Magna operates through four segments: Body & Exterior Structures, Power & Vision, Seating Systems, and Complete Vehicles. Magna’s products include body and chassis systems, aerodynamic solutions, manual transmissions, and engine drive plates. The company also offers complete vehicle manufacturing services. Magna trades on the NYSE under the MGA ticker.
Diversify your eToro investment portfolio by buying MGA stock today.