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Magna revenue up 13% to US$8.3 billion in Q3 2013

2013-11-05 19:43:00| Canadian Plastics Headlines

Automotive parts maker Magna International reported stronger-than-expected third-quarter results amid strong growth in North American vehicle production and a modest improvement in Europe.

Tags: revenue billion magna q3

 

Magna opens two new facilities in Mexico

2013-09-20 15:52:00| Canadian Plastics Headlines

Automotive parts supplier Magna International Inc. has opened two new auto supply facilities in the Mexican state of Coahuila.

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Magna looking to partner in emerging markets

2013-08-12 18:13:00| Canadian Plastics Headlines

Auto parts maker Magna International Inc. is looking for acquisitions in Asia or Eastern Europe, after facing challenges at its South American operations.

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Magna eyeing acquisitions in emerging markets such as China, Russia

2013-08-10 02:10:01| Automakers - Topix.net

Auto parts maker Magna International Inc. beat analyst expectations in the second quarter as its European arm outperformed the region's generally weak market and its North American operations benefited from strong vehicle demand.

Tags: china russia markets emerging

 

Magna International chief strategy officer Herbert Demel steps down

2013-07-06 00:44:59| Automakers - Topix.net

The auto parts supplier said Demel, who will turn 60 later this year, requested the change "to have more time and freedom to pursue other interests."

Tags: international chief strategy steps

 

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