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Annual Report 2023

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Stock information

NYSE MGA :
$49.77
+0.93%
TSX MG :
$67.97
+0.61%

Building on our enduring strengths

A spirit of entrepreneurship lives in all of us.

At its very core, Magna is a company of creators, innovators and problem solvers. Our foundational entrepreneurial mindset empowers our employees to act as owners and respond to the industry transformation with agility and flexibility. This same foundational strength is what also allows us to continuously bring new innovative solutions to market and help usher in a new era of mobility.

See how

Our Products
Body Exteriors
& Structures
Designing and engineering vehicle architectures with product, process, and material innovations that maximize weight savings, strength, and adaptability.
Power
& Vision
Transforming the way vehicles move and interact with the world around them with scalable electrified propulsion, driver assistance systems, mechatronics, mirrors and lighting.
Seating
Systems
Innovating for comfortable, safe and connected experience for all vehicle occupants with flexible configurations for every use case and cargo need.
Complete
Vehicles
Delivering everything from concepts and systems to vehicle engineering and complete vehicle manufacturing for the industry’s best brands.

Power of Magna

A holistic approach is Magna’s competitive advantage across the complete vehicle and beyond.

Magna At A Glance

Sales
>$ 42B
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Team Members
179K
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Customers
50+
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Number of Countries
28
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Facilities
342
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Ranking World's Largest Supplier
4th
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Financial Highlights

Magna’s ESG Commitment

Environment

The Earth is what we all have in common, and through our sustainability efforts we are committed to making sure our impact leaves a positive footprint for future generations to follow.

Social Responsibility

We have a strong drive to recognize, celebrate and support the communities in which our employees live and work. It is through these efforts that Magna’s best shines through. And with our commitment to advancing diversity and creating an inclusive workforce, we are working to be the difference we want to see in the world.

Governance

Our strong corporate governance practices are essential to fostering stakeholder trust and confidence, management accountability and long-term shareholder value.

Newsroom

April 15, 2024
Magna Announces Date For Q1 2024 Results Call
April 15, 2024
Magna Earns Five 2023 Supplier of the Year Awards from General Motors
March 28, 2024
Magna Posts 2023 Annual Report

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