Magna International Inc., a well-known Canadian mobility technology company, is globally recognized for its extensive capabilities as an automotive supplier.

The company specializes in vehicle development and contract manufacturing, offering a wide range of products including body solutions, chassis systems, and advanced driver assistance systems (ADAS).

Magna operates through various segments such as Body Exteriors & Structures, Power & Vision, Seating Systems, and Complete Vehicles, with a portfolio that includes seating systems, powertrain technologies, and electrified powertrain products.

The company also has expertise in electronics and software, which gives it a competitive advantage in the automotive sector.

Magna has a strong global presence with numerous production facilities, product development centers, engineering centers, and sales centers across multiple countries.

UBS has a neutral stance on the company, reflecting a cautious outlook in light of the changing automotive landscape.