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UPDATE 1-U.S. demand drives Canadian auto parts maker Magna's sales beat

May 7- Canadian auto parts maker Magna International Inc reported better-than-expected quarterly sales, helped by demand in the United States. The company sold much of its vehicle interiors business, typically a lower-margin business, to Spain's Grupo Antolin in April. Magna also cut its 2015 sales forecast to $30.8 billion- $32.5 billion from $33.1 billion-...
Source: Reuters
Canadian auto parts maker Magna's sales drop 7 pct

May 7- Canadian auto parts maker Magna International Inc reported a 7 percent drop in quarterly sales, hurt by a stronger dollar. However, net income attributable to Magna rose to $465 million, or $1.12 per share, in the first quarter ended March 31 from $393 million, or 88 cents per share, a year earlier. Sales fell to $8.33 billion from $8.96 billion.
Source: Reuters