Stay updated with breaking news from Applicable Forward Looking. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Transaction aligned with Magna's Go-Forward strategy of accelerating investments in high-growth areasCombined pro forma ADAS sales projected to be approximately $3 billion in 2024Broadens Magna's ADAS
Sales increased 17% to $9.3 billion, compared to a global light vehicle production increase of 24%Excluding foreign currency translation and acquisitions net of divestitures, sales increased 27%Diluted
Sales of $9.4 billion increased 4%, compared to global light vehicle production increase of 2%Diluted loss per share of $0.54 includes $1.24 of non-cash impairment charges related to our investment in
Global light vehicle production was down 7%, largely due to 16% decrease in EuropeSales of $9.6 billion decreased 5%Diluted earnings per share and adjusted diluted earnings per share decreased 40% and
Fourth Quarter 2021 Highlights Sales of $9.1 billion decreased 14%, compared to a 17% decrease in global light vehicle productionDiluted earnings per share and Adjusted diluted earnings per share of