What happened When Magna International (NYSE: MGA) warned investors about its upcoming quarterly results on Jan. 24, the stock took a hit. Now what The company noted the struggles experienced by the overall automotive industry in 2022, including inflation and geopolitical issues impacting supply chains and production schedules. But in the longer term, Magna still believes it will grow faster than the global light vehicle market, and sees sales rising as much as 9% in 2023 and to continue to increase through 2025.