Magna International Inc. operates as a diversified automotive supplier. The company designs, develops, and manufactures automotive systems, assemblies, and modules and components, as well as engineers and assembles vehicles primarily for sale to original equipment manufacturers of cars and light trucks. Its product portfolio includes automotive interior, seating, closure, body and chassis, vision, electronic, exterior, powertrain, and roof systems. Magna International operates in North America, Europe, Asia, South America, and Africa. The company was formerly known as Magna Electronics Corporation Limited and changed its name to Magna International Inc. in January 1973. Magna International was founded in 1957 and is based in Aurora, Canada.