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Magna

New Yorkfinancial services

About

Magna International is a prominent global automotive supplier based in Aurora, Ontario, Canada. Founded in 1957, the company has over 65 years of experience in the industry. Magna is known for its innovative products and technologies that contribute to the future of mobility. With a global team, the company is dedicated to advancing mobility solutions for various applications. Magna's extensive product portfolio includes automotive systems, assemblies, modules, and components. Key areas of focus include powertrains, vision systems, body exteriors, seating solutions, complete vehicle manufacturing, and electronics for automated driving and connectivity. The company serves major automakers worldwide, such as General Motors, Ford, BMW, and Tesla. With operations in 28 countries and a workforce of approximately 179,000 employees, Magna has a strong global presence. The company is also committed to sustainability, diversity, and strong corporate governance practices, fostering trust among its stakeholders.