Magna International

Canadian Billionaire Quits Job To Run For Office In Austria

CP | Craig Wong, The Canadian Press | Posted 01.08.2013 | Canada Business

Frank Stronach has resigned from the board of Magna International Inc., the autoparts giant he founded in his garage in 1957.Magna announced the depar...

Will This Canadian Billionaire Break Up The Euro?

The Huffington Post Canada | Daniel Tencer | Posted 09.27.2012 | Canada Business

Frank Stronach, the billionaire founder of Canadian car parts giant Magna, has thrown his hat into the ring for the leadership of Austria on a platfor...

Magna Joins Ontario's Green Revolution

CP | The Canadian Press | Posted 10.29.2011 | Canada Business

BRAMPTON, Ont. - Magna International Inc. (TSX:MG) is spending $430 million to research and develop electric-vehicle technology in Ontario, a move tha...

Magna Warns Japan Tsunami Continues To Disrupt Production

CP | Sunny Freeman, The Canadian Press | Posted 10.05.2011 | Canada Business

TORONTO - Shares in Magna International Inc. took a 12 per cent hit Friday after the auto parts giant reported weaker-than-expected second-quarter ear...