MGA

New 250kW 800V 2-speed eDrive program award highlights Magna's advanced electrification capabilities Program to be produced at Magna's new Wuhu facility, supporting localized execution in China Momentum continues with dedicated hybrid drive system now in series production with Chery on the Jetour G700 AURORA, Ontario, July 28, 2026 (GLOBE NEWSWIRE) -- Magna today announced it has secured an 800-volt electric drive (eDrive) program award with Chery, marking a key milestone in the company's advanced electrification strategy in China. The program will be produced at Magna's new Wuhu facility, reinforcing the company's ability to bring next generation electric drive technologies into localized production for leading Chinese OEMs.

Magna (MGA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Magna International Inc. is rated a Buy, trading at 9.75x FWD earnings with strong operating income growth and compelling valuation. MGA's Power & Vision segment is driving EBIT expansion, benefiting from rising ADAS content per vehicle and regulatory tailwinds through 2029. Capital allocation is robust, with a 3% dividend yield, accelerating buybacks (2.4% of market cap in Q1), and total return potential of 12.7%.

Magna (MGA) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

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AURORA, Ontario, June 22, 2026 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG) (NYSE:MGA)  MAGNA INTERNATIONAL INC. ANNOUNCES DATE FOR SECOND QUARTER 2026 RESULTS WEBCAST FRIDAY, JULY 31, 2026 @ 8:00 AM ET LIVE AUDIO WEBCAST Webcast registration: https://events.q4inc.com/attendee/959630770   DIAL-IN DETAILS Participant Toll-Free Dial-In:   1-800-715-9871 Participant Toll Dial-In:   1-646-307-1963 Conference ID:   9829976 Slide presentation will be available on our website Investors | Magna prior to the call       REBROADCAST INFORMATION Replay available 2 hours after the call until August 7, 2026 Toll-Free Dial-In:   1-800-770-2030 Toll Dial-In:   1-609-800-9909 Conference ID:   9829976       INVESTOR CONTACT Louis Tonelli, Vice-President, Investor Relations louis.tonelli@magna.com    905-726-7035 WEBCAST CONTACT Nancy Hansford, Executive Assistant, Investor Relations nancy.hansford@magna.com    905-726-7108 ABOUT MAGNA INTERNATIONAL Magna is one of the world's largest automotive suppliers and a trusted partner to automakers in the industry's most critical markets—North America, Europe, and China.

NEW YORK--(BUSINESS WIRE)--Cover Whale Insurance Solutions LLC, a technology-enabled commercial transportation Managing General Agent (MGA), today announced the launch of Breakwater Markets, a digital wholesale brokerage focused on transportation risks, alongside the appointment of Roman Atkielski as Executive Vice President, Brokerage. The move expands Cover Whale's core programs, giving retail agents a platform to place risks that sit outside the company's underwriting appetite. Breakwater Ma.