For over 60 years, Magna has been making the impossible possible by solving some of the automotive industry’s most complex problems. Our agility, complete systems expertise, global reach and disruptive thinking allow us to bring the best technology to market and lead the industry into the future.
Chief Executive Officer
Chief Financial Officer
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1Return on Equity is a non-GAAP financial measure. Definitions and reconciliations to the most directly comparable financial measure calculated in accordance with U.S. GAAP, can be found in the Company’s Annual Report for the Year Ended December 31, 2017, in the Management’s Discussion and Analysis of Results of Operations and Financial Position section. The Magna International Inc. 2017 Annual Report has been posted on the Company’s website through the investor relations link at www.magna.com
1Return on Invested Capital is a non-GAAP financial measure. Definitions and reconciliations to the most directly comparable financial measure calculated in accordance with U.S. GAAP, can be found in the Company’s Annual Report for the Year Ended December 31, 2017, in the Management’s Discussion and Analysis of Results of Operations and Financial Position section. The Magna International Inc. 2017 Annual Report has been posted on the Company’s website through the investor relations link at www.magna.com
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1A two-for-one stock split was approved February 24, 2015. Dividends are shown on a post-stock split basis.
Staying ahead of a rapidly changing industry doesn’t just require an understanding of where it’s going. It takes an understanding of where it’s been. And with six decades of proven success and expertise across the entire vehicle, Magna can identify the most significant emerging trends and then act on them. We create technologies that solve big problems for our customers and the world around us.
Chief Technology Officer
The environmental impact of mobility and the resultant changes in legislation around the world are largely driving the move to hybrid and battery electric vehicles and the optimization of vehicle aerodynamics and weight.
In the coming years, there could be up to 48 variations of powertrain architectures available. Magna’s diverse product suite – including e-motors, hybrid DCTs, inverters, software, e-pumps, gears and shafts – means that we can supply systems for the majority of these architectures.
From 48 volt and extended-range drives to plug-in hybrids and battery electric vehicles, Magna is a premier partner for automakers, all of whom are looking to include hybrid functionality and meet emissions standards. And our high-volume production capabilities and advanced engineering and development services mean we can rapidly innovate and bring propulsion systems to market.
We also believe we have the broadest offering of lightweight design and manufacturing solutions to help our customers reduce vehicle weight. Our knowledge of lightweight materials is bolstered by our expertise in material joining, which is an industry challenge we are uniquely prepared for.
With our innovative material and manufacturing processes, expertise in integrated electronics and a leadership position in powertrain technology, we’re propelling the industry forward. Literally.
Self-driving vehicles won’t just change the automotive industry – they’ll have a significant impact on people’s lives. The future promises accessible transportation for people with disabilities, advances in safety, radically altered urban infrastructure and more.
But first we have to get there.
To do that, we will need to master and integrate dozens of technologies: image and signal processing, sensor fusion, cyber security and countless others. We’ve got a strong head start.
Magna has been developing vision technologies – an important building block for autonomy – for over a decade. We were early entrants into the market, offering automakers innovative products like lane-keeping assist, adaptive cruise control and advanced vision systems. We anticipated the increased demand for cameras in active safety technology well before automakers required them. This let us reallocate our resources to address the shift and establish an early leadership position.
We are still the number one supplier of vision-based ADAS solutions, and this expertise sets us up to continue developing the technology that will be a key factor in self-driving vehicles.
There are countless ways people and goods will move in the future: self-driving vehicles, e-bikes, smart transit, ridesharing, drones and more. That’s new mobility. And then there are the trends that will impact the new-mobility landscape, like macro-economic shifts toward a sharing economy, artificial intelligence and the proliferation of megacities.
To Magna, all of these trends represent potential opportunities.
This landscape is complex and interconnected. Even trends that seem straightforward affect other parts, sometimes in indirect ways. For example, changes in autonomy and the spread of mobility services are likely to lead to increased vehicle utilization. As vehicles become more sophisticated and are driven more, new requirements will emerge surrounding durability, connectivity and software. There are dozens of trends like this, and each offers unique challenges and opportunities.
Magna’s expertise in self-driving technology, flexible body architectures, flexible seating and cargo systems, as well as modular powertrain designs, help position us to capitalize on these trends.
It’s an exciting time to be in the mobility business.
The automotive industry is changing, but it isn’t changing by itself. It takes a company made up of dedicated, entrepreneurially minded people. A company like Magna. And with more than 168,000 talented employees in 28 countries, we’re helping transform the industry.
For every goal we set, it’s our employees who help make it happen. Together, we uphold our reputation for quality and managing complex product launches. We identify new opportunities for collaboration. And we build innovative products that impact millions of consumers around the world. Together, we turn science fiction thinking into automotive reality.
MAGNA IN ACTION
It goes beyond business: Magna and our employees work to improve the communities in which we operate. Employees help drive our sustainability initiatives and fuel our Corporate Social Responsibility efforts. They mentor aspiring engineers in the FIRST Robotics competition. They participate in countless charity events, including the World Vision Walk for Water and the Ride to Conquer Cancer. They organize events to raise money for local food banks, shelters and coat drives. And our employees are quick to answer the call for help in global disaster relief efforts.
TOP TALENT
In the past year, we’ve expanded our focus on talent attraction. It’s working. In 2017, we saw a 73% increase in qualified applicants, and a 156% increase in students and graduates looking to join our company. We’ve also been recognized as a top employer by Glassdoor, 51 Jobs, Zhaopin and Forbes.
We partner with universities like Cambridge, MIT, Stanford and Waterloo because these partnerships help us grow and attract the industry’s brightest minds. And as our industry evolves, we will continue to attract and retain world-class talent in more areas than ever, such as machine learning, computer science, the skilled trades, software development and cyber security.
We are an organization of driven people, driving change.
EMPLOYEE’S CHARTER
The Employee’s Charter provides a blueprint for fairness in the workplace. Through six simple, common-sense principles, it speaks to the most essential and universal employee needs across cultures and borders around the world.