Canadian auto parts supplier Magna International recently estimated sales in 2011, Magna will reach 25.6 to 27.1 billion U.S. dollars.
Magna made based on the following basis of 2011 sales forecast: 2011 North American light vehicle production will reach 12.9 million, Western Europe, light vehicle production will reach 13.3 million. .
Magna also expects fixed-asset investment in Magna in 2011 will reach 900 million to 1 billion U.S. dollars; from 2011 to 2013, Magna sales will rise about 30 billion U.S. dollars.
FactSet analyst research conducted on the questionnaire survey, analysts expect sales of Magna reach 25.85 billion U.S. dollars by 2011.
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