Seen: Magna sells its car interiors business to Spanish company

Ontario-based Magna International Inc. has sold its interiors car components business to a Spanish company for more than half a billion dollars. Canada’s largest auto-parts maker said Thursday it had signed an agreement to sell its interiors business to Grupo Antolin, for about US$525 million. The transaction includes 36 manufacturing plants, and about 12,000 employees located in Europe, […]