Sustainability Focus Magna International is actively investing in sustainable solutions such as recyclable foam and trim products, and sourcing 100% recycled materials, presenting potential sales opportunities for eco-conscious customers looking to align with sustainable suppliers.
Technology Partnerships Through strategic partnerships with companies like Sanctuary Cognitive Systems Corp. and Cartken for autonomous delivery robots, Magna International is leveraging cutting-edge technologies, opening doors for tech-oriented clients seeking innovative solutions.
Global Expansion With recent investments in European production facilities and collaborations for autonomous delivery testing, Magna International demonstrates a commitment to global expansion, offering sales prospects in emerging markets seeking advanced automotive solutions.
Revenue Growth Potential Despite already generating significant revenue in the billion-dollar range, Magna International's continued focus on technological advancements and sustainability indicates further revenue growth potential, making it an attractive partner for clients seeking long-term business sustainability.
Competitive Advantage Compared to similar companies like Hyundai MOBIS, Lear Corporation, and Tenneco, Magna International's emphasis on sustainability, technology, and global presence positions it uniquely in the market, presenting sales opportunities for clients seeking differentiated solutions and partnerships.
Magna International uses 8 technology products and services including Carta, Asana, Braze, and more. Explore Magna International's tech stack below.
| Magna International Email Formats | Percentage |
| l.first@magna.com | 50% |
| firstmiddlelast@magna.com | 17% |
| firstmiddle.last@magna.com | 16% |
| filast@magna.com | 17% |
Motor Vehicle ManufacturingOntario, Canada10001+ Employees
We see a future where everyone can live and move without limitations. That’s why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people. Forward. For all. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit www.magna.com.
Company Overview
Funding & FinancialsMagna International has raised a total of $400M of funding over 2 rounds. Their latest funding round was raised on Mar 05, 2024.
Magna International's revenue is in the range of $1B
Funding & FinancialsMagna International has raised a total of $400M of funding over 2 rounds. Their latest funding round was raised on Mar 05, 2024.
Magna International's revenue is in the range of $1B
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