Magna International
Magna International Inc. is a Canadian auto-parts company. It is one of Canada's largest corporations and has been named to the Forbes Global 2000 for 2020. Since 2001, the company has ranked consistently in the Fortune Global 500 list as the largest vehicle parts maker in North America by sales of original equipment components. It manufactures automotive systems, assemblies, modules, and components for General Motors, Ford, and Stellantis, as well as BMW, Mercedes, Volkswagen, Toyota, Tesla, and Tata Motors.
Swamy Kotagiri, the company's CEO, is based in Aurora, Ontario. They have over 159,000 entrepreneurial-minded employees dedicated to providing mobility solutions. It is a mobility technology firm and one of the world's major automotive suppliers, with 347 production facilities and 94 product development, engineering, and sales facilities spread over 27 countries. Body exteriors and structures, power and vision technologies, seating systems, and entire vehicle solutions are among the company's competitive competencies.
Magna International has collaborated with automakers to advance vehicle safety and technology, including smart mobility seating systems such as stow-into-floor minivan seats, exterior systems such as reaction injection moulding (RIM) bumpers, advanced driver assistance systems (ADAS), blind-spot detection, and lane departure warning systems. The corporation is North America's largest auto parts supplier and the world's third largest.
Founded: 1957
Headquarters: Aurora, Ontario, Canada
Website: https://www.magna.com/
