Magna

What Magna does

Magna International Inc. is a Canadian-incorporated Tier 1 automotive supplier traded on the NYSE under ticker MGA, with operational headquarters in Auburn Hills, Michigan. The company designs, engineers, and manufactures a broad portfolio of automotive components and systems, including powertrain systems, seating, mirrors, roof systems, structural components, ADAS technologies, and EV battery enclosures. Its customer base spans global automotive OEMs served through long-term supply contracts and contract manufacturing partnerships, with operations located across North America, Europe, and Asia. Revenue is generated primarily through B2B hardware sales tied to OEM production schedules, supplemented by contract manufacturing services for complete vehicles that international OEMs use to enter new geographic markets.

Magna's product portfolio spans both legacy automotive manufacturing and emerging software-defined vehicle technologies. Its proprietary OPTiForm two-stage deep-draw stamping process is designed to solve the rectangle dilemma in EV battery enclosure manufacturing, reducing welds and fasteners while unlocking up to 10% more internal volume for greater range. The company is also developing AI-driven centralized electrical/electronic (E/E) architecture platforms that consolidate multiple control units, enabling real-time software updates, sensor fusion across LiDAR, cameras, and radar data, and intelligent energy management. Magna offers V2X connectivity technology and VR/XR-based UX design services used to reduce physical prototyping costs. The Graz, Austria Magna Eurostar plant serves as a strategic European manufacturing hub, including for Chinese OEMs XPENG (P7+ electric sedan) and GAC (AION UT electric hatchback) entering European markets.

Reported revenue is substantial: Q1 2026 revenue of $10.38 billion exceeded consensus by $130 million despite a 7% decline in global light vehicle production, while Q4 2025 revenue was $10.85 billion. Adjusted EBIT margin expanded 190 basis points to 5.4% in Q1 2026, and adjusted EPS of $1.38 beat analyst estimates of $1.04. Magna has provided FY2026 adjusted EPS guidance of $6.25 to $7.25. Concurrently, the company announced divestitures of its Lighting and Rooftop Systems businesses within the Power & Vision segment, signaling portfolio repositioning toward higher-growth EV and software-defined vehicle segments.

Name

Magna

Legal name

Magna International Inc.

Website

https://magnainvests.com

Company type

Public

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Magna International Inc. is a global Tier 1 automotive supplier serving OEMs with contract manufacturing, powertrain systems, seating, ADAS, and EV battery enclosures. Operations span North America, Europe, and Asia, with a Graz, Austria hub supporting Chinese EV manufacturers entering European markets.

Ownership category

akta.pro rank

Product category

Automotive Components Manufacturing

NAICS

Motor Vehicle Parts Manufacturing (3363), Other Motor Vehicle Parts Manufacturing (33639), Motor Vehicle Gasoline Engine and Engine Parts Manufacturing (336310), Mechanical Power Transmission Equipment Manufacturing (333613)

akta.pro primary industry

Passenger Vehicle Interior Systems Manufacturing (ICE) (IMACAAAM)

akta.pro secondary industries

Body Panels, Doors, Hoods & Closures Manufacturing (IMACAGAH), Transmission & Transaxle Manufacturing (Manual/Automatic/DCT/CVT) (IMACAHAE), Automotive Interior Comfort & Convenience Components Manufacturing (Armrests/Cupholders/Storage/Interior Hardware) (IMACAKAJ), Passenger Vehicle Manufacturing (ICE) (IMACAAAA)

Keywords

• Automotive component manufacturing
• Vehicle contract manufacturing
• EV battery enclosures
• Powertrain systems supply
• ADAS technology systems

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Automotive Components and Systems: Magna operates as a Tier 1 automotive supplier generating revenue through the design, engineering, and manufacturing of automotive components and systems sold to automotive OEMs. Revenue is primarily derived from long-term supply contracts for vehicle-specific components including powertrain, seating, mirrors, roof systems, and structural parts. Revenue is project-based with manufacturing volumes tied to OEM production schedules.
2. Contract Manufacturing Services: Magna provides contract manufacturing services for complete vehicles at facilities like Graz, Austria, where it manufactures vehicles for XPENG (P7+) and GAC (AION UT). Revenue comes from manufacturing fees tied to vehicle production volumes.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Magna International Inc. is a Tier 1 automotive supplier that designs, engineers, and manufactures automotive components and systems — including powertrain systems, seating, mirrors, roof systems, structural parts, ADAS components, and EV battery enclosures — and provides complete vehicle contract manufacturing services to automotive OEMs. The company operates globally with manufacturing facilities in North America, Europe, and Asia, supplying directly to vehicle manufacturers under long-term supply contracts and contract manufacturing agreements.

Product overview

Magna is an automotive supplier offering a diverse portfolio of vehicle design, engineering, and manufacturing solutions. The company provides proprietary manufacturing technologies (such as OPTiForm for EV battery enclosures), AI-driven centralized vehicle computing platforms with sensor fusion capabilities, V2X connectivity technology, UX/VR/XR visualization services, and automotive manufacturing at global facilities including the Graz, Austria plant. These offerings span from component-level technology to complete vehicle manufacturing services for OEM partners.

Differentiator

Problem solved

Functional benefit

Products and services

• OPTiForm Battery Enclosure Manufacturing Technology
• Centralized Vehicle Computing Platform
• V2X Connectivity Technology
• UX/VR/XR Visualization Services
• Vehicle Contract Manufacturing (Magna Eurostar, Graz, Austria)

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability7 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• XPENGcoreStrategic or Co-development Partner · 7 April 2026XPENG partnered with Magna for local production of the P7+ electric sedan at Magna Eurostar's plant in Graz, Austria. The first locally produced P7+ rolled off the production line on April 7, 2026. This partnership enables XPENG to establish European manufacturing presence with established automotive quality and efficiency standards.
• GAC (Guangzhou Automobile Group)coreStrategic or Co-development Partner · 18 March 2026GAC achieved Start of Production and roll-off of its AION UT electric hatchback at Magna's manufacturing facility in Graz, Austria on March 18, 2026. Designed by GAC's European design team in Milan with 2,750 mm wheelbase, 430 km WLTP range, and 24-minute fast charging capability. The collaboration enables GAC to leverage Magna's established automotive manufacturing expertise and operational standards aligned with European market requirements.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Aptiv: Global Tier 1 automotive supplier with comparable portfolio in advanced electronics, ADAS, and vehicle architecture. Closely comparable to Magna in scale, customer mix (global OEMs), and pivot toward software-defined vehicle platforms.
• Faurecia (FORVIA): Major Tier 1 supplier with strong seating and interior systems overlap with Magna. Comparable in scale and in serving global OEMs on cockpit and interior content, though with stronger emissions-control exposure.
• Lear Corporation: Tier 1 supplier specializing in seating and electrical/electronic systems, directly overlapping with Magna's seating and E/E architecture businesses. Similar size, OEM customer base, and exposure to global vehicle production cycles.
• Adient: Pure-play automotive seating supplier spun from Johnson Controls, directly comparable to Magna's seating systems segment. Serves the same global OEM customers and is exposed to similar production volume dynamics.
• BorgWarner: Tier 1 powertrain and drivetrain supplier overlapping with Magna's transmission/driveline portfolio. Comparable mid-cap scale and active pivot from ICE products toward electrification (e-motors, inverters).
• OPmobility (formerly Plastic Omnium): Tier 1 supplier of exterior body modules, fuel systems, and increasingly battery enclosures — directly comparable to Magna's body panels and EV battery enclosure (OPTiForm-adjacent) businesses.

Broad incumbents

• Robert Bosch: Largest global Tier 1 supplier with a much broader mobility portfolio (powertrain, ADAS, sensors, software). Competes directly with Magna across most product lines but operates at materially larger scale and R&D intensity.
• ZF Friedrichshafen: Major German Tier 1 with driveline, chassis, and ADAS portfolios directly competing with Magna's powertrain and chassis modules. Larger scale and more European-centric customer mix.
• Continental AG: Global Tier 1 spanning tires, interior electronics, ADAS, and powertrain. Direct competitor across most of Magna's portfolio but with significantly broader product breadth and larger scale.
• Denso: Japanese Tier 1 supplier with broad thermal, powertrain, electronics, and ADAS portfolio. Comparable technology scope to Magna but anchored to Japanese OEMs and operating at larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/MagnaInvests
• LinkedInlinkedin.com/company/magna-

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments6 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Magna