Magna Chief Weighs In On Trends In Automotive Industry

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Magna International Inc. Nachrichten

EV,Fisker Group Inc,Donald Trump

I have written or edited about the auto industry on and off (mostly on) since 1985, first at The Indianapolis Star then, for more than a dozen years, at Bloomberg News in Detroit, followed by almost nine years at SME Media.

one of the largest automotive suppliers in the world, fielded questions this week from reporters about the state of the industry.

“Hindsight is 20-20,” he added."We had significant content that we were supplying besides the assembly part. Would we do that again? Maybe we would take a different viewpoint.”Republican presidential nominee Donald Trump is not a fan of EVs. Democratic nominee Kamala Harris was part of an administration that supported EV adoption.

“Magna is in 28 different countries and 19 are having elections this year,” he said. “Rather than look at presidential candidates and the message, we try to look at key things.” “The election is a four-year cycle,” he said. “What we are going to produce this year has been decided four years ago. What’s going to be produced three years from now has been decided.”: Some companies embraced DEI while critics have ramped up their criticism.

 

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