Even with the growing popularity of sunroofs in the U.S. market, Magna International Inc. says it is unlikely it will re-enter the business after it sells its 50% stake next month in Webasto Sunroofs Inc. of North America to its partner in the joint venture, Webasto AG. “Anything is possible. We haven't even exited (the JV) yet. But it's highly unlikely that we'll get back in, at least near term,” a Magna spokesman says. It may seem odd for Magna to bail out of the 16-year-old joint ...
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