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SummaryUpdated Jun 1, 2026
Magna International Inc. (TSX:MG) is a Canadian automotive parts manufacturer founded in 1957 and headquartered in Aurora, Ontario. The company has grown from a small tool and die shop into one of the world's largest automotive suppliers, serving original equipment manufacturers (OEMs) globally. Magna operates through four main business segments and provides a comprehensive range of automotive components, systems, and complete vehicle manufacturing services to major automakers worldwide.
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BaaS provider Yuma Energy raised $35 million in Series A funding led by Magna International.1d agoScotiabank strategist Hugo Ste-Marie made three changes to the Strategic Edge Portfolio, removing ATS in Industrials, trimming MG in Discretionary, and adding to FM in Materials and Cash.2d agoMagna increased its majority stake in Indian battery-swapping firm Yuma Energy with an additional $35 million investment, bringing its total investment to $87 million.5d ago