-
Recent Posts
- Ford Bronco, Maverick Recalls for Front Suspension Failures
- Fires Park Outside! – Chrysler Pacifica Plug-In Hybrid EVs
- UAW Local 2093 Members Ratify New American Axle Contract
- Data Center Tax Abatements Threaten State Budgets and You
- Affordability – Used Vehicle Prices Hit Three Year High!
- Why Wars Are Costing Motorists So Much
- Mixed Results on Trump Auto Tariff, Policy Scorecards
- Striking UAW Reaches Tentative Agreement at American Axle
- Large Honda and Acura Recall Started for Suspension Failures
- Harley‑Davidson On-Shoring Motorcycle Production
- Vehicle Affordability – Price Increases Small as Incentives Grow
- Beware! Catalytic Converters are Pursued by Thieves
- Magna CEO Swamy Kotagiri Speaking on Decisions That Will Shape the Next Decade of Automotive Manufacturing
- First Look – Audi Tazio Nuvolari Hybrid Super Car
- Trump Thumped – U.S. Air Carriers Fuel Costs Climb 26%!
Recent Comments
- Magna International on Magna International Posts Q1 2026 EPS Loss of $0.04
- Council on Foreign Relations on Iran and Strait of Hormuz on AAA – Pump Gasoline Prices Still Soaring
- Autocrat on Stellantis Subordinated Perpetual Hybrid Bonds on Stellantis Posts Full Year 2025 Loss of €22.3B
- Michigan Governor Whitmer on Pew – Confidence in Trump Dips, Fewer Support His Policies
- Porsche Motorsport Daytona Victory on Daytona 24 Hours – Old and New Stars Getting Ready to Run
Archives
Meta
Get intelligent commentary on the automobile business and its economic and social effects. Stay informed with AutoInformed.
Magna Posts Q2 2025 EBIT of $583 Million
Magna International (TSX: MG; NYSE: MGA) today reported relatively robust Q2 and H1 financial results in the midst of Trump’s ongoing tariff chaos and his hostility toward our Canadian friends, neighbors and business partners.
“Our strong operating results for the second quarter of 2025 exceeded our expectations and reflect continued execution on our performance initiatives, including operational excellence, restructuring, commercial recoveries, and reduced capital and engineering spending,” said Swamy Kotagiri, Magna Chief Executive Officer. Continue reading →