Auto supplier Magna preparing for N. America return to work May 4 -exec [Reuters]
Magna International, Inc. (MGA)
Last magna international, inc. earnings: 2/21 05:00 am
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Source: Reuters
Auto supplier Magna preparing for N. America return to work May 4 -exec DETROIT, April 15 (Reuters) - Canadian auto supplier Magna International Inc is planning for a return to production in North America on May 4, with a subsequent gradual increase in output as the industry recovers from the shutdown caused by the coronavirus pandemic, a top executive said on Wednesday. Most U.S. states have stay-at-home orders in place through the end of April, but many automakers and suppliers hope evidence of an easing in the COVID-19 infection rate will lead to a re-opening of factories. President Donald Trump has expressed a desire to get Americans back to work soon. “As we stand today, we have everything in place as if the plants are coming back on May 4,” Magna President Swamy Kotagiri said in a telephone interview. The auto industry has already reopened in China, where Magna has some plants back at 80% capacity, and is just now restarting operations in Europe. In the United States, General Mo
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MGA
News
- Magna International Inc. (MGA): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Magna International: Not Much Horsepower Left - Sell [Seeking Alpha]Seeking Alpha
- 3 Under-the-Radar Dividend Stocks With Remarkably Reliable Payouts [Yahoo! Finance Canada]Yahoo! Finance Canada
- Magna International (NYSE:MGA) (TSE:MG) had its price target raised by analysts at Evercore ISI from $47.00 to $52.00. They now have an "in-line" rating on the stock.MarketBeat
- Buy 195 Shares of This Top Dividend Stock for $57/Month in Passive Income [Yahoo! Finance Canada]Yahoo! Finance Canada
MGA
Earnings
- 10/31/25 - Beat
MGA
Sec Filings
- 11/5/25 - Form 6-K
- 10/31/25 - Form 6-K
- 10/31/25 - Form 6-K
- MGA's page on the SEC website