Like its peers, Magna has been hit hard by the return of inflation after a blessed decade of wage stagnation. This, coupled with accelerated investment to develop a product portfolio suited to electric vehicles, has weighed on margins.
The upside of the OEMs’ business lies in the solid industrial r…
© MarketScreener.com 2024
The upside of the OEMs’ business lies in the solid industrial r…
© MarketScreener.com 2024