16th June I Bought 50 shares of Magna International Inc. at $ 38.33 per share plus commission.
Magna International Inc. develops, manufactures,
engineers, supplies, and sells automotive products. It operates through North
America, Europe, Asia, and Rest of World segments. The company offers body and
chassis systems, and related engineering services; seating systems, including
complete seating systems, seat structures and mechanisms, and foam and trim
products; and powertrain systems, such as transmissions, driveline systems,
fluid pressure and controls, metal forming solutions, and engineering services.
It also provides vision systems comprising interior and exterior mirrors,
actuators, door handle illumination products, headlamps and tail lamps, and
small lighting products; and closure systems comprising door modules, power
closure systems, engineered glass products, window systems, running boards and
roof racks, latching systems, lighting systems, sealing systems, electronic
features, handle assemblies, composite components, and hinges and rods. In
addition, the company provides electronic systems, including driver assistance
systems, secure connectivity products, head-up displays, and electronic
controllers; exterior systems, such as fascia and trim products, front end
modules, liftgate and exterior modules, active aerodynamics, and lightweight
composites; and roof systems, including sliding folding and modular roofs,
retractable hard tops, and soft tops. Further, it offers vehicle engineering
and contract vehicle assembly services; fuel systems; engineering support
services; and tooling and other products. The company was founded in 1957 and
is headquartered in Aurora, Canada.
