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 Subscribe to Automotive World … Continued

• By Webmaster
• August 10, 2012