Does Magna International's Self-Driving System Have a Chance?
Magna International (NYSE: MGA), the giant auto-industry supplier, said that is has developed a new technology platform that will allow automakers to build self-driving capabilities into their vehicles.
Magna joins an already-long list of companies inside and outside of the traditional auto industry that have announced plans to supply parts or systems for self-driving vehicles.
Does it stand a chance of getting traction in this increasingly crowded market?
Source: Fool.com
Alphabet Inc. A Stock
€153.82
-0.320%
The stock is an absolute favorite of our community with 92 Buy predictions and no Sell predictions.
As a result the target price of 177 € shows a slightly positive potential of 15.07% compared to the current price of 153.82 € for Alphabet Inc. A.