Flash
Magna's Q2 2026 Revenue Edges Up, Profit Rebounds but Global Supplier Rank Slips to Fourth
Adjusted EPS Raised; Full-Year Sales Outlook Slightly Lowered; CATL Surpasses Magna to Claim Third Place Globally
Coverage of Magna, the global Tier-1 automotive supplier and engineering partner, including its EV components, contract manufacturing (e.g., for NIO, Mercedes-Benz), and R&D collaborations in China.
Adjusted EPS Raised; Full-Year Sales Outlook Slightly Lowered; CATL Surpasses Magna to Claim Third Place Globally