Magna preparing for North America return to work May 4, top executive says [Toronto Globe and Mail (Ontario, Canada)]
Magna International, Inc. (MGA)
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Source: Toronto Globe and Mail
Magna preparing for North America return to work May 4, top executive says Magna President Swamy Kotagiri said the auto supplier has everything in place as plants reopen on May 4. Courtesy of manufacturer Magna President Swamy Kotagiri said the auto supplier has everything in place as plants reopen on May 4. 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, Magna President Swamy Kotagiri 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,” Kotagiri said in
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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