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Magna's CEO: US Contract Assembly is 'Very Low' as Electric Vehicle Shift Accelerates

Business

11 Sep, 2024

Magna's CEO: US Contract Assembly is 'Very Low' as Electric Vehicle Shift Accelerates


As the automotive industry races towards an electric future, Magna International, a leading automotive parts supplier, is facing a significant...

Magna Warns Shareholders: Reject Unsolicited Mini-Tender Offer from TRC Capital

Business

9 Aug, 2024

Magna Warns Shareholders: Reject Unsolicited Mini-Tender Offer from TRC Capital


Magna International Inc. (TSX: MG; NYSE: MGA) has advised shareholders to reject an unsolicited mini-tender offer from TRC Capital Investment....

Billionaire Frank Stronach Faces 13 Sexual Assault Charges: A Timeline of Accusations and Alleged Victims

World

7 Aug, 2024

Billionaire Frank Stronach Faces 13 Sexual Assault Charges: A Timeline of Accusations and Alleged Victims


Frank Stronach, the Austrian-Canadian businessman and founder of auto parts giant Magna International, is facing 13 criminal charges related to...

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