$MGA

Magna reports 3% Q1 sales growth to $10.4B and 77% EPS growth to $1.38, outpacing 7% industry production decline while maintaining 2026 outlook and returning $575M to shareholders.

Canada launches $62.7M advanced manufacturing initiative with $25M federal funding and $38M private sector investment across 14 projects in AI, robotics, and advanced materials.

NGen announces $62.7M advanced manufacturing initiative combining $25M federal funding with $38M private investment across 14 projects, unveiled at Hannover Messe.

Magna International sells Lighting and Rooftop Systems businesses generating $1.1B in 2025 sales, with closings expected later in 2026.

Magna International sells lighting and rooftop systems businesses through multiple transactions. $1.1B in annual sales divested; closings expected H2 2026.

Canada announces $79.5M in AI funding—$29.2M federal, $50.3M private—supporting 20 manufacturing projects across automotive, defence, life sciences, food, and advanced materials.

NGen launches 20 AI projects with $79.5M ($29.2M federal, $50.3M industry) to help Canadian manufacturers compete globally through quality control, robotics, and digital twins.

Magna International releases 2025 Annual Report; announces virtual-only shareholder meeting on May 4, 2026. Global automotive supplier maintains operations in 28 countries.

Large-cap stocks rallied on strong earnings beats. Magna International led gainers with 26.81% gain after exceeding expectations and raising 2026 guidance.