The Financial Post reports in its Thursday, Jan. 15, edition that Magna International, one of the world's largest auto parts suppliers, is forecasting a surprise fall in fiscal 2015 revenue, hurt by falling sales in its production and contract manufacturing businesses. A Reuters dispatch to the Post reports that Magna expects total revenue of $34.4-billion to $36.1-billion for the year (all figures U.S.). Analysts on average were expecting sales to rise to $37.7-billion from the company's estimated sales of $35.8-billion to $37-billion in 2014, according to Thomson Reuters. Magna forecasts total production sales, its core business of manufacturing vehicle parts, to slip to between $29.2-billion and $30.5-billion in 2015 from expected sales of between $29.8-billion and $30.7-billion last year. Magna, which has been pushing to improve efficiency in its European operations, counts the world's top automakers among its customers. Magna expects operating margin to be in the low 7-per-cent range this year, higher than estimates of about 6.9 per cent for 2014. Magna expects capital spending of $1.5-billion to $1.7-billion in 2015, more than the estimated 2014 capital budget of about $1.4-billion.