Lates News

In the early trading on Monday, the US stocks, Magna International Inc. (MGA) rose by 0.47% and XPeng Inc. (XPEV) rose by 3.25%. Earlier, the two companies had reached a contract for complete vehicle assembly in the European market. This marks the first time Magna will provide complete vehicle assembly projects for a Chinese car manufacturer, with production planned to start in the third quarter of 2025.