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  • A short history of Magna

    May 29, 2009 5:50 PM

    Magna was started by self-made Austrian billionaire Frank Stronach as a tool and die company 50 years ago in Canada.

    Today it is the third-biggest and most diversified car parts company in the world.

    Click here to read Magna agrees Vauxhall/Opel deal

    If Magna is successful in its bid for Opel it will have successfully reached its ambition to make the jump to fully-fledged car ma...Read the full article
  • Re: A short history of Magna

    May 29, 2009 5:51 PM

    5000 employees? well it's about to get a heck of a lot more than that - I hope it knows what it's doing!

    • carup008
    • Joined Jan 14, 2008
    • 70 Posts
    • Status: Offline

    Re: A short history of Magna

    May 30, 2009 9:58 AM

    Agreed - Magna may just have bitten off more than it can chew !

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