Magna International (TSE:MG) has released an update.
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Magna International Inc. has presented its unaudited financial review for the years 2022 through 2024, detailing vehicle volume statistics and consolidated statements of income. The report, prepared in accordance with U.S. GAAP, shows global sales volumes and average foreign exchange rates for the Canadian dollar, euro, and Chinese renminbi against the U.S. dollar. Notably, there was a year-over-year increase in vehicle assembly volumes and overall global sales, indicating a positive trend for the company.
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