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Magna International Core Competencies

Satisfactory Essays
Magna International Inc is a company founded in 1957 by Frank Stronch. It is a global automotive supplier headquartered in Aurora, Ontario, Canada. 2014 was the year Magna Automotive was held the largest automobile parts manufacturer in North America by sales of original equipment parts, and one of Canada's largest companies. Magna has multiple operation groups that include Magna Steyr, Magna Powertrain, Magna Exteriors, Magna Seating, Magna Closures, Magna Mirrors, Magna Electronics and Cosma International. General Motors, Ford Motor Company, and Chrysler LLC are the main companies that Magna International supplies auto parts to. In addition to the “Big 3” they also distribute to Tesla Motors, Volkswagen, BMW and Toyota. With over 100,000
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