The time may not be right for an initial public offering, but Magna International Inc. says the auto industry is embracing the concept of a single-sourced vehicle interior, the key driver behind Magna's spinoff of its $3 billion interiors business. Intier Automotive Inc. is the new name the Canadian supplier has given its interiors business. It is paired with two other Magna operating groups, Magna Seating Systems and Atoma Closure Systems, which supplies the power liftgate for ...

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