Magna International

MGA

Market cap $12.6B

AURORA, Ontario, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA) MAGNA INTERNATIONAL INC.

MGA has recently been in the news on account of a new vehicle assembly deal with Xpeng which marks its first collaboration with a Chinese EV player in Europe. Assembly volumes for MGA's 'Complete Vehicle' division have been on a slump, but this development could help boost prospects, particularly next year, when a mass market model could come tothetable. The XPEV partnership marks MGA's first Chinese OEM assembly in Europe, potentially boosting its smallest, least profitable division over time.

AURORA, Ontario, Sept. 15, 2025 (GLOBE NEWSWIRE) -- As Chinese car manufacturers enter the European market, the need for localized production is growing. Today, Magna has announced that XPENG, a Chinese smart electric vehicle manufacturer, has selected the company to assemble two new models for the European market. Serial production of these new smart electric vehicles will begin in Q3 2025, marking the start of a long-term collaboration for future models.

AURORA, Ontario, Sept. 11, 2025 (GLOBE NEWSWIRE) -- Magna today announced the appointment of Philip D. Fracassa as Executive Vice-President and Chief Financial Officer (CFO), effective immediately. He succeeds Patrick McCann, who will step down following a distinguished career spanning more than 26 years with Magna. To support a seamless transition, McCann will remain in an advisory role until the end of February 2026.

SAILAUF, Germany, Aug. 11, 2025 (GLOBE NEWSWIRE) -- Magna, one of the world's largest and most trusted suppliers in the automotive industry, will showcase the latest innovations shaping mobility today and in the future at IAA Mobility 2025, in Munich. From September 8 to 14, the company will present advancements in sustainable materials, drivetrain technologies, energy storage systems and Advanced Driver Assistance Systems at Hall B3, Booth E40.

MGA beats Q2 earnings estimates despite lower sales and lifts 2025 revenue and income guidance on improved margins.

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Magna International Inc. (NYSE:MGA ) Q2 2025 Earnings Conference Call August 1, 2025 8:00 AM ET Company Participants Louis Tonelli - Vice President of Investor Relations Patrick W. D. McCann - Executive VP & CFO Seetarama Kotagiri - President, CEO & Director Conference Call Participants Brian Morrison - TD Cowen, Research Division Christopher Patrick McNally - Evercore ISI Institutional Equities, Research Division Colin M.

Although the revenue and EPS for Magna (MGA) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Magna (MGA) came out with quarterly earnings of $1.44 per share, beating the Zacks Consensus Estimate of $1.19 per share. This compares to earnings of $1.35 per share a year ago.