Magna International Inc. revised earnings guidance for the full year 2021. The company now expects total sales for 2021 to be in the range of $35.4 billion to $36.4 billion, compared to previous guidance of $38.0 billion to $39.5 billion. The company also announced that it has updated its 2021 outlook to reflect declines in anticipated 2021 light vehicle production, including 7% and 9% in North America and Europe, respectively.