Frank Stronach
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Magna founder sees shift abroad
Washington — The founder of North America's largest auto supplier says the struggling European auto industry will need to get smaller to survive. Frank Stronach, 80, founder and former chief executive of Ontario-based Magna International who is worth an from Detroit News Online Read more »
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Magna posts higher profit, raises 2013 sales outlook
Magna International Inc. posted profit of $369-million (U.S.) in the first quarter, up from $343-million a year earlier. Profit per share hit $1.57 compared with $1.46 a year earlier, while revenue rose to $8.36-billion from $7.67-billion. The Canadian a from Globe and Mail Read more »
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Stronach still mulling changes at Pimlico as Preakness looms
Frank Stronach, owner of Pimlico, is in Washington, D.C., this week. He discussed his new book, "Magna Man: My Road to Economic Freedom," at a session today. Yesterday, he spent time on Capitol Hill, working to spread his theory that American corporation from Baltimore Sun Read more »
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Stronach aims to reshape Austria's politics
Stronach is bankrolling an effort to dump the euro in Austria and loosen ties to the EU. Photo credit: BLOOMBERG White-haired, tanned and vigorous at 80, Frank Stronach clearly has zero interest in retiring after building North America's biggest auto par from Automotive News Read more »
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Tycoon-politician Stronach aims to put enterprise into Austria
Austrian-Canadian businessman and billionaire Frank Stronach of ''Team Stronach'' delivers a speech during his final election rally in St. Poelten March 1, 2013. OBERWALTERSDORF, Austria (Reuters) - "The government is the management team of a country and from Reuters.co.uk Read more »
