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Investors warm to Magna thanks to its tree-shaking in Europe

With Magna’s share price currently scaling new heights, propelling the company’s market value to over US$16bn, it appears, somewhat surprisingly, to be the Canadian supplier’s strategy in Europe that is underpinning this enthusiasm. Magna’s financial record in Europe has been patchy in recent years, with a number of manufacturing operations proving It’s time to log … Continued

With Magna’s share price currently scaling new heights, propelling the company’s market value to over US$16bn, it appears, somewhat surprisingly, to be the Canadian supplier’s strategy in Europe that is underpinning this enthusiasm.

Magna’s financial record in Europe has been patchy in recent years, with a number of manufacturing operations proving

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