The Lighting and Rooftop Systems businesses are part of Magna’s Power & Vision segment and generated ~$1 billion and ~$100 million in global sales, respectively, in 2025. Magna said it does not expect the divestitures to impact its 2026 adjusted earnings per diluted share outlook as previously issued

An unnamed global investment firm will acquire the Lighting operations serving front and rear lighting programs in North America, South America and China. A separate investment firm will acquire Magna’s European Lighting and Rooftop Systems operations.

All three transactions are expected to close in the second half of 2026, subject to customary closing conditions and regulatory approvals.