Magna's Q1 net income fell 41%, here's why

Magna, which reports in U.S. dollars, says net income plunged to $364 million in the quarter ended March 31, down from $615 million in the same period a year earlier

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Friday, April 29, 2022 Subscription Required Magna Q1 earnings: Net income fell 41% amid microchip, inflation, war disruption Read More > Subscribe An Automotive News Canada subscription includes 12 monthly issues – delivered in print to your doorstep, and digitally to your inbox – plus unlimited, 24/7 access to our website. Subscribe Connect With Us Our Mission “The Automotive News Canada mission is to be the primary source of industry news, data and understanding for the industry's decision-makers interested in Canada.” Click here to unsubscribe from this newsletter. Manage your email preferences. Automotive News Canada PO Box 243, Station A Windsor, Ontario, N9A 6K7 customerservicecanada@autonews.com