Magna sees 2013 sales of $31.3-$32.7 bln

Wed Jan 16, 2013 5:18am EST
 
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Jan 16 (Reuters) - Magna International Inc, one of the world's biggest auto parts manufacturers, said it expects total sales of $31.3 billion to $32.7 billion for 2013.

The company had forecast 2012 sales of between $30.3 billion and $31.2 billion last November.

Magna said it expects capital spending of about $1.4 billion this year.