Auto parts maker Magna is uniquely positioned to capitalize on electric trucks

Production is now slated to begin at the former Detroit-Hamtramck assembly plant, less than two years after GM announced a massive $2.2 billion investment to completely renovate the plant and build a variety of all-electric trucks and SUVs.

Photo by Jeffrey Sauger for General Motors

DETROIT – As electric pickup trucks take off from Detroit automakers, auto parts supplier Magna International is in a unique position to capitalize on the production of a critical portion of the vehicles.

https://www.cnbc.com/2022/05/15/auto-supplier-magna-uniquely-positioned-to-benefit-from-electric-trucks.html Auto parts maker Magna is uniquely positioned to capitalize on electric trucks

Jane Marczewski

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