Large contracts for Magna drivetrain

Lannach, Austria. The Canadian Magna group has managed to get two of the largest all-wheel drive contracts that have ever been awarded.

From 2007, Magna will manufacture all-wheel drives for a General Motors SUV platform in the US. A minimum of one million units is planned.

In Europe, the supplier received a contract from VW for the development and the manufacture of the successor system to the 4Motion all-wheel drive.

Magna did not disclose the target sales volume. The transmission systems by newly founded Magna Drivetrain are manufactured in Lannach, Austria.

On top of the existing drive train plants in Austria and Mexico two further plants will be built in the USA.

0

Shares

ATTENTION COMMENTERS: Over the last few months, Automotive News has monitored a significant increase in the number of personal attacks and abusive comments on our site. We encourage our readers to voice their opinions and argue their points. We expect disagreement. We do not expect our readers to turn on each other. We will be aggressively deleting all comments that personally attack another poster, or an article author, even if the comment is otherwise a well-argued observation. If we see repeated behavior, we will ban the commenter. Please help us maintain a civil level of discourse.

Newsletters