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Magna’s Q2 Profit Rises Despite Tariffs, Industry Headwinds

Summary by Newmarket Today
AURORA, ONTARIO - Magna International Inc. says its second quarter profit rose from last year and it revised slightly up its outlook for the year, despite tariff costs and lower industry-wide vehicle production in North America and Europe.

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Newmarket Today broke the news in Orillia, Canada on Friday, August 1, 2025.
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