Magna has posted fourth quarter net income up 11% to US$509m, with sales of US$9.4bn, up 2%.

Full-year sales were US$36.6bn, an increase of 5%, with this reflecting increases in North America, Europe and Asia production figures, coupled with higher tooling, engineering and other volumes.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

There were also more complete vehicle assembly sales, partially offset by lower Rest of World production numbers.

“We are pleased with last year’s strong financial performance, which was the direct result of improved operating earnings in every reporting segment compared to 2013,” said Magna CEO, Don Walker.

“While the recent strengthening of the US dollar has impacted our reported results, we remain optimistic about Magna’s future and continue to invest heavily in capital and innovation to support our future growth in North America, Europe and Asia. 

“This growth reinforces the trust our customers place in Magna to be one of their key supplier partners as they expand around the world.”

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact