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Canada: Magna reports record revenue in Q2

Magna has reported year-on-year revenue and earnings gains in the quarter ended 30 June 2012 (Q2 2012), reflecting increased vehicle production levels in North America, which more than offset a decline in Europe and falling revenue from Magna Steyr's complete vehicle assembly activities. The company has made only minor adjustments to It’s time to log … Continued

Magna has reported year-on-year revenue and earnings gains in the quarter ended 30 June 2012 (Q2 2012), reflecting increased vehicle production levels in North America, which more than offset a decline in Europe and falling revenue from Magna Steyr's complete vehicle assembly activities.

The company has made only minor adjustments to

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