Magna International (TSX: MG; NYSE: MGA) today reported relatively strong financial results for the second quarter ending 30 June 2026 and H1 2026. Income from operations before income taxes increased 21% to $599 million. Diluted earnings per share were $1.72; Adjusted EPS increased 29% to $1.86, a record for the second quarter. Magna also increased its full year forecast for Adjusted EBIT margin, Adjusted EPS and Free Cash Flow.*
“Our strong second-quarter results reflect solid operating performance, disciplined execution, and further progress against our strategic priorities. Supported by record second-quarter adjusted EPS, strong free cash flow, and confidence in our business and global team, we are raising our 2026 outlook. As we look ahead, we remain focused on delivering profitable growth, expanding margins, generating cash, and returning capital to shareholders, while remaining agile in a dynamic global environment,” said Swamy Kotagiri, Chief Executive Officer. Continue reading

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Annals of Marketing – LEXUS Flight Helicopter Service Debuts
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Lexus (NYSE: TM, 7203 T) today announced the launch of LEXUS Flight, a helicopter transportation service operated by Aero Toyota Co., Ltd. Aero Toyota will use an Italian Leonardo AW169, with service starting on 24 August 2026. At the Japan Mobility Show 2025, Lexus unveiled its latest brand message, “DISCOVER―Imitate No One.” This is an effort of transforming the brand into one that “delivers truly one-of-a-kind experiences for each individual customer.” We will see if it flies…
“Lexus has continuously challenged itself to create new luxury experiences that reflect the increasingly diverse values and lifestyles of its customers. Through a diverse lineup of offerings, including the LS Concept, which redefined the flagship with its innovative six-wheel package, and the LY680 flagship yacht, Lexus has expanded the luxury experience across both land and sea, helping customers discover their own unique luxury lifestyle. With the addition of the LEXUS Helicopter as its air mobility offering, LEXUS further expands its value proposition into a seamless 360-degree mobility experience spanning land, sea, and air,” the luxury brand of Toyota said in a release. [Read AutoInformed on: Glub? Aston Martin Going into Submarine Business! –AutoCrat] Continue reading →