Detailed Instructions: Given a text, write a compressed version of it in a single sentence.
Q: An ambitious expansion has left Magna with excess capacity and a heavy debt load as the automotive industry enters a downturn. The company has reported declines in operating profit in each of the past three years, despite steady sales growth.
A:
An ambitious expansion has left Magna with a heavy debt and declines in profit for the past three years despite company reports of steady sale growth.