Magna International expects sales of 278-293 billion U.S. dollars this year
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Magna expects total sales in 2012 to be between 27.8 billion and 29.3 billion U.S. dollars, of which production sales will be between 23.6 billion and 24.7 billion U.S. dollars, and vehicle assembly sales will be between 2.3 billion and 2.6 billion U.S. dollars.
Magna predicts that in 2012, North American market will have sales of 13.2 billion to 13.7 billion U.S. dollars. European market will have sales of 8.4 billion to 8.7 billion U.S. dollars, and other markets will have sales of 2 billion to 2 billion U.S. dollars. .
In addition, Magna expects the company's operating margin to be 5% for the entire year of 2012, and fixed capital expenditures of 1.3 billion to 1.5 billion US dollars.