Stocks in Play

Magna International

09:54 AM EST - Magna International : continues to deliver key technologies that address trends toward vehicle accessibility. Its latest innovation, rear thermoplastic swing doors, are hitting the market for the first time on the all-electric Volkswagen ID. Buzz. The doors that contain recycled materials are 20 to 30 percent lighter than traditional steel solutions, helping reduce the overall weight of the vehicle, optimizing range, and reducing the opening effort for consumers. Additionally, by using thermoplastic resin material, vehicle designers have more styling freedom for sharper detailing, undercut surfaces and tighter radii, which enables greater brand differentiation. With the use of thermoplastics, the spoiler is now integrated into the swing doors which reduces cost, creates a cleaner appearance and improves vehicle aerodynamics. Magna International shares T.MG are trading up $0.80 at $73.62.