Magna International has signed definitive agreements to divest its Lighting and Rooftop Systems businesses, which generated approximately $1.1 billion in combined global sales in 2025. The transactions are expected to close later in 2026.

Magna International has signed definitive agreements to divest its Lighting and Rooftop Systems businesses through three separate transactions. The Lighting operations in North America, South America, and China will be acquired by one global investment firm, while European Lighting and Rooftop Systems operations will be acquired by another. These businesses generated approximately $1.1 billion in combined global sales in 2025. All transactions are expected to close in the second half of 2026, with no expected impact on Magna's 2026 adjusted earnings per diluted share outlook.

Next Generation Manufacturing Canada (NGen) announced $29.2 million in federal funding combined with $50.3 million in industry investments to launch 20 AI projects across Canada. These projects aim to help manufacturers adopt and scale Canadian-made AI solutions in areas like quality control, robotics, digital twins, and advanced inspection tools across automotive, defense, life sciences, and other sectors.

The Canadian government announced $29.2 million in federal funding through the Pan-Canadian AI Strategy, combined with $50.3 million in industry investment, to support 20 AI projects across Canadian manufacturing sectors. The initiative aims to help manufacturers adopt AI solutions for quality control, robotics, digital twins, and equipment optimization across automotive, defence, life sciences, food production, and advanced materials sectors.

Magna International Inc. has released its 2025 Annual Report and related financial documents, now available on its website and regulatory filings. The company's 2026 Annual Meeting of Shareholders is scheduled for May 4, 2026, as a virtual-only meeting. Magna continues to position itself as a leading global automotive supplier with operations across 28 countries.

Ten large-cap stocks were top performers during the week of February 9-13, 2026. Magna International led with a 26.81% gain following better-than-expected Q4 results and raised FY26 guidance. Other notable gainers included Generac Holdings (22.25%), Rivian Automotive (20.20%), BorgWarner (20.15%), and Akamai Technologies (17.64%), all driven by strong earnings reports and analyst upgrades.

Magna International announced its Q4 and year-end 2025 results webcast scheduled for February 13, 2026. The company also announced partnerships to provide NVIDIA DRIVE Hyperion-compatible ECUs and integration services for autonomous driving systems, and a vehicle assembly program with GAC to accelerate EV production in Europe.

The global physiotherapy equipment market is projected to grow at a CAGR of 6.6% from 2024 to 2031, reaching USD 14.88 billion by 2031 from USD 8.92 billion in 2024. Growth is driven by increasing chronic diseases, aging populations, technological advancements including robotic rehabilitation devices and AI-driven therapy equipment, and rising demand for home-based healthcare solutions. However, high equipment costs, limited access to skilled professionals, and regulatory challenges pose significant obstacles to market expansion.

The global electric powertrain market is projected to grow at a CAGR of 13.20% from 2026 to 2032, reaching USD 211.7 billion by 2032, up from USD 85.71 billion in 2024. Growth is driven by rising EV adoption, technological advancements, and government incentives, though challenges include high initial costs, limited charging infrastructure, and battery performance concerns. Asia-Pacific leads the market, followed by North America and Europe.

Magna announced an expanded strategic collaboration with NVIDIA to support OEM deployments on the NVIDIA DRIVE Hyperion platform. Magna will provide system integration, validation, and vehicle launch services for NVIDIA's DRIVE AV stack across L2++, L3, and L4 autonomy levels, leveraging its global manufacturing footprint and engineering expertise to help automakers accelerate software-defined vehicle deployment.

Magna is expanding its presence in China by establishing a new 160,000 square foot facility in Wuhu to manufacture electric drive systems, initially for Chery, with plans to support additional automakers and create approximately 200 new jobs.

Arbe Robotics reported Q3 2025 results with tripled quarterly revenue of $300,000, improved losses, and strategic progress in automotive and non-automotive radar technology, targeting four OEM design wins in the next three quarters.