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Magna International Inc.

 
Hoover's Profile: Magna International Inc.
(NYSE:MGA) (Toronto:MG.A)
Company Financials
Income Statement
Balance Sheet
Cash Flow Statement

Contact Information
Magna International Inc.
337 Magna Dr.
Aurora, Ontario L4G 7K1, Canada
Tel. 905-726-2462
Fax 905-726-7164

Type: Public
On the web: http://www.MagnaInt.com
Employees: 74,350
Employee growth: (11.4%)

Through its various subsidiaries and divisions, Magna International makes just about everything you might need to put together a motor vehicle. Magna Steyr, Magna's largest division, offers vehicle engineering and assembly. Magna's interior and exterior systems division (Decoma International) makes exterior trim, lighting, sealing systems, instrument and door panels, and sound insulation. Cosma International makes body and chassis systems. Magna Powertrain offers transaxles, transmission systems, and engine parts. Magna Mirrors makes automotive mirrors and driver assistance products. Other operations include Magna Seating, Magna Car Top Systems, Magna Electronics, and Magna Closures.

Key numbers for fiscal year ending December, 2008:
Sales: $23,704.0M
One year growth: (9.1%)
Net income: $71.0M
Income growth: (89.3%)

Officers:
Chairman: Frank Stronach
Co-CEO and Director: Donald J. Walker
Co-CEO and Director: Siegfried Wolf

Competitors:
Dana Holding
Lear Corp.
Robert Bosch

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