“The short-term industry production disruptions have led us to reduce our outlook. Nevertheless, we have maintained our expectations for free cash flow in 2021. In addition, we anticipate that the coming years will see some recovery of lost industry production, which should be a positive for our sales, earnings and free cash flow.” - Vince Galifi, Magna's Chief Financial Officer
“The short-term industry production disruptions have led us to reduce our outlook. Nevertheless, we have maintained our expectations for free cash flow in 2021. In addition, we anticipate that the coming years will see some recovery of lost industry production, which should be a positive for our sales, earnings and free cash flow.” - Vince Galifi, Magna's Chief Financial Officer