Supplier and contract assembler Magna International has reported reduced profits for full-year 2006.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more


Operating income was $US792m for 2006 compared to $942m for 2005, and net income of $528m was off compared to $639m for 2005.


Earnings per share were $Can4.78 for 2006 compared to $5.90 for 2005.


Sales in 2006 rose 6% to $US24.2bn.


Magna said North American and European average dollar content per vehicle increased 6% and 14% respectively, over 2005 while North American and European vehicle production declined 2% and 3% respectively.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Complete vehicle assembly sales increased 7% to $4.4bn in 2006 as volumes rose 8% to about 248,000 units.


For full year 2007, Magna expects consolidated sales between $22.9bn and $24.2bn, based onlight vehicle volumes of approximately 15.4m units in North America and approximately 15.5m units in Europe.


Full year 2007 average dollar content per vehicle is expected to be between $770 and $800 in North America and between $375 and $400 in Europe. It expects complete vehicle assembly sales to be between $3.5bn and $3.8bn.