Magna reports Q1 2024 net sales at $11 billion, up 3% YOY
Sales increased 3% to $11 billion, compared to a 2% rise in global light-vehicle production
Leading auto component supplier Magna International Inc. in a press release on May 3 reported a year-over-year increase of 3% in its first-quarter fiscal year 2024 net sales to $11 billion, ending March 31, 2024.
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