Magna’s Q2 FY 2025 net sales declines 3% year over year to $10.6 billion
The Canadian supplier revises its full-year financial outlook for 2025, expecting sales ranging from $40.4 billion to $42 billion
Magna, a leading auto parts supplier and contract vehicle manufacturer from Canada, reported a 3% year-over-year decline in net sales amounting to $10.6 billion in the second quarter ended June 30, 2025, according to a press release dated Aug. 1.
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