immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Coupland: Todd Coupland

Todd Coupland: CIBC analyst Todd Coupland said Magna dramatically outperformed the market in Europe by producing more content per vehicle, despite a nine per cent decrease in production, according to 660 News. Coupland also said he expects the company to make some gains in North America as the auto market improves and TORONTO Magna International Inc. TSX:MG raised its sales outlook for the year and reported improved first-quarter earnings Friday despite a weak start to the year for the auto industry. They re growing their market share on various platforms in Europe, he said. As a result, earnings were quite a bit stronger than what we expected. (www.immigrantscanada.com). As reported in the news.