Magna International Inc. provided earnings guidance for the year 2013 and production guidance for the two year period from 2013 to 2015. For the period, the company expects total production sales to be $26.5 billion to $27.5 billion, total sales to be $31.3 billion to $32.7 billion, operating margin to be mid 5% range, tax rate approximately of 24.5%, and capital spending approximately of $1.4 billion.

In addition to 2013 sales outlook the company expects an increase in total production sales over the two-year period from 2013 to 2015 of approximately $2.2 billion, based on assumed full year 2015 light vehicle production volumes of approximately 16.7 million units in North America and approximately 12.8 million units in Western Europe. The company expects the increase in total production sales to be split approximately as follows by segment: 70% in North America and 40% in Rest of World, offset by a 10% decline in Europe.