0928 ET - China is becoming more important for Magna International, both from a sales perspective and in terms of vehicle production. In 2025, light vehicle production from China is expected to reach 29.7 million, and then to grow to 30.8 million in 2026. This compares with North America reaching 15.1 million and 15.4 million, respectively for 2025 and 2026, and 16.6 million and 17 million in Europe. On an analyst call, executives say that sales from China are expected to be around $5.6 billion in 2025 and to reach "north of $6 billion by 2026." (adriano.marchese@wsj.com)
(END) Dow Jones Newswires
February 14, 2025 09:28 ET (14:28 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。