Magna International Inc. is a mobility technology company and one of the world's largest automotive suppliers. Founded in 1957 as a small stamping operation, it now employs more than 154,000 people across operations in 28 countries and supplies 58 vehicle manufacturers globally. Through 2019, two out of every three vehicles launched worldwide featured technologies from the company.
Its business spans complete vehicle engineering and manufacturing alongside a broad component and systems portfolio: powertrain systems, body and chassis components, seating, and advanced electronics. In the latter category it develops advanced driver-assistance systems (ADAS) and autonomous driving technologies. The company also offers end-to-end engineering and manufacturing services for automakers, positioning itself able to think like an automaker without being one.
Magna describes an entrepreneurial culture oriented toward pushing boundaries and innovation, underpinned by manufacturing expertise relied upon by vehicle manufacturers. Its stated focus is on making vehicles cleaner, safer and smarter while reducing environmental impact.
