The venture brings together two innovative suppliers in the seating market to deliver a stronger product portfolio and advanced technology development to customers, Magna said.
Jim Cramer is bullish on ILG, Wyndham Worldwide, Marriott Vacations Worldwide, plus Bank of America.
Jim Cramer maintains this rally is fueled by the strong performance of U.S. companies, but says it's worth assessing stock market valuations.
The president-elect demands a 'big border tax' for automakers building in Mexico. Given the complex nature of the global auto business, such a move could have unintended consequences.