1. Market Research
  2. > Automotive
  3. > Motor Vehicle Market Trends
Magna International Inc - Company Strategy & Performance Analysis

Magna International Inc - Company Strategy & Performance Analysis

  • March 2018
  • 45 pages
  • ID: 5444220
  • Format: PDF
  • By MarketLine

Summary

Table of Contents

Search Inside

Magna International Inc - Company Strategy & Performance Analysis

Summary
Magna International Inc. (Magna International) is one of the world’s leading global automotive suppliers. It is involved in the development and manufacturing of automotive systems, assemblies, modules and components. These products are primarily sold to the original equipment manufacturers of cars and light trucks. Magna undertakes the design, engineering, testing and manufacturing of automotive, seating, closure, body and chassis, vision, electronic, exterior, powertrain, roof, hybrid and electric vehicles/systems, and complete vehicle engineering and contract manufacturing. The company operates through its manufacturing, product development, engineering and sales centers across the Asian, European, North and South American regions. Magna is headquartered in Aurora, Ontario, Canada.

MarketLine Premium’s company strategy reports provide in-depth coverage of the performance and strategies of the world’s leading automotive companies. The report details company operations in key geographies and offers a comprehensive analysis of each firm’s growth strategy and financial performance. It benchmarks company performance against key indicators, including sales units, production units, operating income, net income, and total revenue.

Key highlights
Europe recorded an increase in revenue
European revenue increased by 16.4%, from US$12.8bn in 2016 to US$14.9bn in 2017. The region’s revenue increased by 17.4% during 2015-2016 due in part to the launch of the Audi A4, Audi A3 and A3 Sportback, Skoda Superb, Mercedes-Benz E-Class, and BMW X1, partially offsetting a loss of US$146.0m due to the weakening of foreign currencies against the US dollar, including the British pound, Russian ruble, Turkish lira, and the euro. Lower production volumes on the MINI Countryman and Paceman negatively affected revenue.

Rest of world segment recorded an increase in revenue
The rest of the world’s revenue rose by 25.6%, from US$464.0m in 2016 to US$583.0m in 2017 and increased by 0.7% during 2015-2016. This was mainly due to net customer prices and the launch of new programs in Brazil, partially offsetting it from a loss of US$67.0m due to the weakening of foreign currencies against the US dollar, including the Argentine peso and Brazilian real.

Launch of new programs led to an increase in segmental revenue
North America’s revenue rose by 0.8%, from US$20.7bn in 2016 to US$20.8bn in 2017 due in part to an increase in revenue from Canada and Mexico. The increase was driven by the launch of the Chrysler Pacifica, Ford Edge and Lincoln MKX, Ford F-Series Superduty, Chevrolet Malibu, Cadillac XT5, and Lincoln Continental. The acquisition of GETRAG during Q1 FY2016 also resulted in a production sales growth of US$593m, partially offsetting it from the loss of US$225.0m due to the weakening of foreign currencies against the US dollar, including the Canadian dollar.

Scope
- Company Snapshot: Details key indicators and rankings of Magna in terms of revenue, sales and production units.
- Company SWOT Analysis: Outlines Magna’s strengths, weaknesses, and opportunities and threats facing the company.
- Growth Strategies: Provides an overview of Magna’s corporate goals and strategic initiatives and evaluates their outcomes.
- Company Performance and Competitive Landscape: Analyses the company’s performance by geographical segment and provides a peer comparison on parameters such as revenue and market share.
- Key Developments: Showcases Magna’s recent corporate events and initiatives.
- ICT Spending Prediction: Details how the company allocates its ICT budget across the core areas of its business, specifically hardware, software, IT services, communications and consulting.

Reasons to buy
- How does Magna ranks among its peers in terms of revenue and market share?
- What are Magna’s main growth strategies and how successful has the company been at implementing them?
- How has the company performed since 2014?
- How has Magna performed in comparison to its main competitors?
- What are Magna’s strengths and weaknesses and what are the opportunities and threats it faces?

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.

ref:plp2018

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on