Zukunftsgerichtete Erklärungen

Card.Masthead

Certain statements in this website and related quarterly results webcast call constitute "forward-looking information" or "forward-looking statements" (collectively, "forward-looking statements"). Any such forward-looking statements are intended to provide information about management's current expectations and plans and may not be appropriate for other purposes. Forward-looking statements may include financial and other projections, as well as statements regarding our future plans, strategic objectives or economic performance, or the assumptions underlying any of the foregoing, and other statements that are not recitations of historical fact. We use words such as "may", "would", "could", "should", "will", "likely", "expect", "anticipate", "assume", "believe", "intend", "plan", "aim", "forecast", "outlook", "project", "potential", "estimate", "target“, “imply” and similar expressions suggesting future outcomes or events to identify forward-looking statements. The following table identifies the material forward-looking statements contained in this website and accompanying document, together with the material potential risks that we currently believe could cause actual results to differ materially from such forward-looking statements. Readers and listeners should also consider all of the risk factors which follow below the table:

Material Forward-Looking Statement Material Potential Risks Related to Applicable Forward-Looking Statement

Light Vehicle Production

  • Light vehicle sales levels, including due to:
    • A decline in consumer confidence
    • Economic uncertainty
    • Elevated interest rates and availability of consumer credit
    • Deteriorating vehicle affordability
  • Tariffs and/or other actions that erode free trade agreements
  • Production deferrals, cancellations and volume reductions
  • Production and supply disruptions
  • Commodities prices
  • Availability and relative cost of skilled labour
Total Sales
Segment Sales
  • Same risks impacting Light Vehicle Production above
  • Alignment of our product mix with production demand
  • Customer concentration
  • Pace of EV adoption, including North American electric vehicle program deferrals, cancellations and volume reductions and growth of Chinese OEMs
  • Shifts in market shares among vehicles or vehicle segments
  • Shifts in consumer "take rates" for products we sell
  • Relative currency values
Adjusted EBIT Margin
Adjusted Diluted EPS
Free Cash Flow
  • Same risks impacting Total Sales and Segment Sales above
  • Execution of critical program launches
  • Operational underperformance
  • Product warranty/recall risks
  • Production inefficiencies
  • Unmitigated incremental tariff costs
  • Restructuring costs and/or impairment charges
  • Inflation
  • Ability to secure planned cost recoveries from our customers and/or otherwise offset higher input costs
  • Price concessions
  • Commodity cost volatility
  • Scrap steel price volatility

Equity Income

  • Same risks impacting Adjusted EBIT Margin above
  • Risks related to conducting business through joint ventures
  • Risks of doing business in foreign markets
  • Legal and regulatory proceedings
  • Changes in law

Weighted Average Diluted Shares Outstanding
Share Repurchases

  • Same risks impacting Free Cash Flow above
  • Ability to repurchase shares for cancellation, including due to normal course issuer bid rules, trading blackouts, and other factors
 

Forward-looking statements are based on information currently available to us and are based on assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances. While we believe we have a reasonable basis for making any such forward-looking statements, they are not a guarantee of future performance or outcomes. In addition to the factors in the table above, whether actual results and developments conform to our expectations and predictions is subject to a number of risks, assumptions, and uncertainties, many of which are beyond our control, and the effects of which can be difficult to predict, including, without limitation:

Macroeconomic, Geopolitical and Other Risks

  • consumer confidence levels;
  • geopolitical risks;
  • threats to free trade agreements;
  • international trade disputes;
  • planning and forecasting challenges;
  • interest rates and availability of consumer credit;

Risks Related to the Automotive Industry

  • pace of EV adoption;
  • North American EV program deferrals, cancellations and volume reductions;
  • economic cyclicality;
  • regional production volumes;
  • deteriorating vehicle affordability;
  • intense competition;

Strategic Risks

  • evolution of the vehicle;
  • evolving business risk profile;
  • technology and innovation;
  • investments in mobility and technology companies;

Customer-Related Risks

  • customer concentration;
  • market shifts;
  • growth of Chinese OEMs;
  • dependence on outsourcing;
  • consumer take rate shifts;
  • customer purchase orders;
  • potential OEM production-related disruptions;

Supply Chain Risks

  • semiconductor chip supply disruptions and price increases;
  • supply base;
  • supplier claims;
  • supply chain disruptions;
  • regional energy supply and pricing;

Manufacturing/Operational Risks

  • product launch;
  • operational underperformance;
  • restructuring costs and impairment charges;
  • skilled labour attraction/retention;

Pricing Risks

  • quote/pricing assumptions;
  • customer pricing pressure/contractual arrangements;
  • commodity price volatility;
  • scrap steel/aluminum price volatility;

Warranty/Recall Risks

  • repair/replacement costs;
  • warranty provisions;
  • product liability;

IT Security/Cybersecurity Risks

  • IT/cybersecurity breach;
  • product cybersecurity;

Other Business Risks

  • joint ventures;
  • intellectual property;
  • risks of doing business in foreign markets;
  • tax risks;
  • relative foreign exchange rates;
  • returns on capital investments;
  • financial flexibility;
  • credit ratings changes;
  • stock price fluctuation;

Legal, Regulatory and Other Risks

  • legal and regulatory proceedings; and
  • changes in laws.

In evaluating forward-looking statements or forward-looking information, we caution readers and listeners not to place undue reliance on any forward-looking statement. Additionally, readers and listeners should specifically consider the various factors which could cause actual events or results to differ materially from those indicated by such forward-looking statements, including the risks, assumptions and uncertainties above which are:

  • discussed under the "Industry Trends and Risks" heading of our Management’s Discussion and Analysis; and
  • set out in our Annual Information Form filed with securities commissions in Canada, our annual report on Form 40-F with the United States Securities and Exchange commission, and subsequent filings.

Readers and listeners should also consider discussion of our risk mitigation activities with respect to certain risk factors, which can be also found in our Annual Information Form. Additional information about Magna, including our Annual Information Form, is available through the System for Electronic Data Analysis and Retrieval + (SEDAR+) at www.sedarplus.ca, as well as on the United States Securities and Exchange Commission’s Electronic Data Gathering, Analysis and Retrieval System (EDGAR), which can be accessed at www.sec.gov.