Magna International is a Canadian automotive supplier providing design, engineering, and manufacturing services across the full spectrum of vehicle development and production. The company offers complete vehicle solutions including body-in-white, paint, and assembly services, alongside advanced systems such as advanced driver assistance systems (ADAS), battery enclosures, power door systems, and powertrain components for battery electric, hybrid, and internal combustion engine platforms. Magna also provides engineering services for commercial vehicles, encompassing propulsion engineering, software simulation, and testing capabilities.
The company operates through four primary business segments. Body Exteriors & Structures supplies exterior and interior components including engineered glass, lighting, mirrors, and structural solutions. Power & Vision develops ADAS, thermal sensing, radar systems, and control modules for chassis, powertrain, and glow plug applications. Seating Systems manufactures seating products and related components. Complete Vehicles handles full vehicle manufacturing, including prototype and low-volume production alongside complete vehicle integration and testing services.
Magna operates at significant scale with approximately 156,000 full-time employees across North America, Europe, Asia Pacific, and other international markets. The company serves major automotive manufacturers globally, leveraging its broad geographic presence and diversified service capabilities to support both traditional and electrified vehicle platforms across multiple customer bases and market segments.
No 10-K filings found.