Magna Announces Strong Second Quarter Results; Raises Outlook for 2026

Highlights(1) Delivered strong second-quarter 2026 results, reflecting profitable sales growth, continued productivity improvements and disciplined execution. Sales increased 3% to $11.0 billion, outperforming a 2% decline in global light vehicle production Income from operations before income taxes increased 21% to $599 million Adjusted EBIT increased 16% to $677 million, with Adjusted EBIT margin expanding 70 […]