Does Magna International's Self-Driving System Have a Chance?

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?

Continue reading

Source: Fool.com