(In U.S. dollars)
TORONTO, Feb 27 (Reuters) - Magna International reported a 65 percent drop in fourth-quarter profit on Tuesday and shaved its dividend as the auto parts maker struggled with a difficult automotive environment.
Profit fell to $29 million, or 26 cents a share, from $83 million, or 75 cents a share, a year earlier.
($1=$1.16 Canadian)