Menu

Magna’s Q2 2020 sales fall 57.6% y/y to USD4.2 billion

News
Financial results

Company expects sales between USD30 billion and USD32 billion for the full year 2020

Canada-based automotive components manufacturer Magna has reported a 57.6% y/y in sales to USD4.2 billion for the second quarter ended 30 June 2020, according to a company press release on 7 August.

Thank you for visiting IHS Automotive AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload