Fisker announced last week that auto supplier Magna will provide the vehicle platform and build the electric carmaker's Ocean SUV. As part of the deal, Magna will receive warrants to purchase a ...

seemingly flirting with bankruptcy and Fisker stock trading around 6 cents, Wall Street is souring on its manufacturing partner, Magna International (NYSE:MGA). Specifically, one investment bank ...

Then there's news that some of the components that Fisker and Ford will use in hybrid and all-electric cars are now being made by Magna E-Car Systems in Michigan. The inverters Magna makes are ...

Magna faces tough times in light vehicle production. Understand the impact of global policies and market challenges.

Net income attributable to Magna International Inc. was $203 million ... (2) Other expense, net is comprised of Fisker Inc. [“Fisker”] related impacts (restructuring and impairment of assembly ...

With Fisker, Inc., the game plan has been to design vehicles and organize a business approach, but to outsource manufacturing to partners. The Ocean is being produced in Austria by Magna Steyr ...

Magna International Inc (NYSE ... There was a significant impact from the bankruptcy of Fisker, costing the company about $400 million in sales. The company anticipates a 2% decline in weighted ...