Jan 16 (Reuters) - Magna International Inc MG.TO :
* MAGNA ANNOUNCES OUTLOOK
* FORECAST FREE CASH FLOW OF ABOUT $5.5 BILLION IN 2020-2022 PERIOD
* HIGHER EBIT MARGIN EXPECTED IN 2020
* SEES 2020 NORTH AMERICA LIGHT VEHICLE PRODUCTION 16.3 MILLION UNITS
* SEES 2020 EUROPE LIGHT VEHICLE PRODUCTION 20.8 MILLION UNITS
* SEES 2020 TOTAL SALES BETWEEN $38.0 BILLION AND $40.0 BILLION
* SEES EBIT MARGIN OF 6.7% - 7% IN 2020
* SEES 2020 NET INCOME ATTRIBUTABLE TO MAGNA BETWEEN $1.8 BILLION- $2.0 BILLION
* CONCLUDING OUR PARTNERSHIP WITH LYFT TO CO-DEVELOP SELF-DRIVING TECHNOLOGY