Under Källenius, Mercedes continues to invest in combustion engines while launching an electric G-Class plus the 2025 MotorTrend Car of the Year E-Class, working on new EV platforms, and upgrading the ...

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

Magna International Inc. (NYSE ... In addition, the bankruptcy of Fisker cost us about $400 million in sales relative to our expectations at the start of 2024. These were the most significant ...

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 ...

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

And Magna is regularly recognized as one of the ... In addition, the bankruptcy of Fisker cost us about $400 million in sales relative to our expectations at the start of 2024.

Magna International reported 2% sales growth in Q4 2024, with diluted EPS at $0.71 and increased shareholder returns. Magna International Inc. reported a 2% increase in sales for the fourth ...

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 ...

Swamy Kotagiri, Magna's Chief Executive Officer All results ... (2) Other expense, net is comprised of Fisker Inc. [“Fisker”] related impacts (restructuring and impairment of assembly and ...

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 ...