Magna International Looks to Navigate Tariffs, Ensure Industry Stability -- Market Talk

Dow Jones

Mar 05, 2025

1357 ET - Canadian auto parts maker Magna International says it is working to keep supply chains running smoothly. Magna is one of the session's biggest decliners after tariffs were imposed by the U.S. at midnight. Shares of the C$14.2-billion market cap company are down 3.6% to C$49.43, recovering from a low of C$48.22. Magna is down 18% year-to-date. "Despite the immediate implementation of these tariffs, we are working with our partners, trade associations, and government stakeholders to find solutions that maintain industry stability and minimize supply chain disruptions," a spokesperson tells the WSJ. "Our priority remains maintaining a stable work environment and ensuring our voice is heard in these critical discussions," he adds. (adriano.marchese@wsj.com)

(END) Dow Jones Newswires

March 04, 2025 13:57 ET (18:57 GMT)

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Magna is one of the session's biggest decliners after tariffs were imposed by the U.S. at midnight. Shares of the C$14.2-billion market cap company are down 3.6% to C$49.43, recovering from a low of C$48.22. Magna is down 18% year-to-date. \"Despite the immediate implementation of these tariffs, we are working with our partners, trade associations, and government stakeholders to find solutions that maintain industry stability and minimize supply chain disruptions,\" a spokesperson tells the WSJ. \"Our priority remains maintaining a stable work environment and ensuring our voice is heard in these critical discussions,\" he adds. 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Magna is one of the session's biggest decliners after tariffs were imposed by the U.S. at midnight. Shares of the C$14.2-billion market cap company are down 3.6% to C$49.43, recovering from a low of C$48.22. Magna is down 18% year-to-date. \"Despite the immediate implementation of these tariffs, we are working with our partners, trade associations, and government stakeholders to find solutions that maintain industry stability and minimize supply chain disruptions,\" a spokesperson tells the WSJ. \"Our priority remains maintaining a stable work environment and ensuring our voice is heard in these critical discussions,\" he adds. (adriano.marchese@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 04, 2025 13:57 ET (18:57 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4511","symbol_name":"特斯拉概念","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2517600711","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2517600711","pubTimestamp":1741114620,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1357 ET - Canadian auto parts maker Magna International says it is working to keep supply chains running smoothly. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4511":"特斯拉概念","BK4124":"机动车零配件与设备","MGA":"曼格纳国际"},"translate_title":"麦格纳国际寻求应对关税，确保行业稳定——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MGA":1},"content_text":"1357 ET - Canadian auto parts maker Magna International says it is working to keep supply chains running smoothly. Magna is one of the session's biggest decliners after tariffs were imposed by the U.S. at midnight. Shares of the C$14.2-billion market cap company are down 3.6% to C$49.43, recovering from a low of C$48.22. Magna is down 18% year-to-date. \"Despite the immediate implementation of these tariffs, we are working with our partners, trade associations, and government stakeholders to find solutions that maintain industry stability and minimize supply chain disruptions,\" a spokesperson tells the WSJ. \"Our priority remains maintaining a stable work environment and ensuring our voice is heard in these critical discussions,\" he adds. (adriano.marchese@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  March 04, 2025 13:57 ET (18:57 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}