Magna’s revenue rose in the fourth quarter despite a decline in global vehicle production, leading to a jump in earnings and share prices. Improved margins helped the company overcome the impact of tariffs. This positive performance is reflected in higher 2025 earnings forecasts.
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Magna earnings, shares jump as better margins overshadow tariffs
Magna’s revenue rose in the fourth quarter despite a decline in global vehicle production, leading to a jump in earnings and share prices. Improved margins helped the company overcome the impact of tariffs. This positive performance is reflected in higher 2025 earnings forecasts.