It hasn’t been a pleasant 2024 for vehicle parts maker Magna International (NYSE:MGA), who also happens to be the contract manufacturer for the struggling Fisker (OTCMKTS:FSRN). Magna produces the Fisker Ocean, an electric vehicle (EV) SUV. Magna CEO Swami Kotagiri disclosed in the company’s first-quarter earnings call that “production of the vehicle is currently idled” and that Magna’s guidance “assumes no further production” of the Ocean. As a result, 2024 revenue guidance was lowered by about $400 millio ...