The global auto parts and accessories market is poised for explosive growth, projected to reach US$ 3.9 trillion by 2034, driven by rising demand for customization, performance enhancements, and the electric vehicle revolution. Fact.MR’s latest report reveals key market trends, regional insights, and leading players shaping this dynamic industry.
Magna International Inc. (NYSE: MGA), an auto parts manufacturer, experienced a surge in options activity on Monday, with total options volume reaching 119,018 contracts, a significant increase compared to its one-month average. This activity suggests increased interest in MGA stock, potentially due to speculation about a resurgence in demand for auto parts.
