Magna to Sell Lighting and Rooftop Systems Firms

Ken Zino of AutoInformed.com on Magna to Sell Lighting and Rooftop Systems Firms

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Magna International Inc. (TSX: MG; NYSE: MGA) today said that it has entered into definitive agreements to divest its Lighting business through two separate transactions, as well as its Rooftop Systems business in a third transaction.*

“Today’s announcement underscores our commitment to actively managing our portfolio in line with our guiding principles,” said Swamy Kotagiri, Magna Chief Executive Officer. “Magna will continue to focus on businesses that advance our long-term growth, margin, and return objectives. We are committed to ensuring a smooth transition for employees, customers, and all other stakeholders.”

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.

*AutoInformed on

About Ken Zino

Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
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