Magna Steyr

Jaguar Land Rover signs deal with Magna Steyr to build cars in Austria

July 2, 2015 08:46 CET

Jaguar Land Rover has signed a contract to have Magna Steyr build an unspecified number of JLR models. Magna Steyr will make the vehicles at its factory in Graz, Austria, because JLR’s three British plants are operating close to capacity....
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2015 GENEVA AUTO SHOW

Magna Steyr to debut hybrid sports car concept

March 2, 2015 11:30 CET

Magna Steyr will debut a concept sports car at the Geneva auto show this week. The Mila Plus hybrid is powered by a three-cylinder gasoline engine paired with two electric motors that produce a combined 270 hp....
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Magna forecasts surprise fall in 2015 revenue

9:22 am U.S. ET | Jan. 14, 2015

Canadian supplier Magna International forecast a surprise fall in fiscal 2015 revenue, hurt by falling sales in its production and contract manufacturing businesses....
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Q&A

Magna Steyr hunts acquisitions that will add expertise

12:01 am U.S. ET | Aug. 4, 2014

To compete in the hotly contested market for engineering services, Austrian supplier Magna Steyr is heading in new directions. Karl-Friedrich Stracke, head of contract manufacturing and engineering at the unit of Magna International Inc., is betting on targeted acquisitions and growth in China....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

Ex-Opel CEO Stracke eyes acquisitions to boost Magna Steyr's engineering unit

July 11, 2014 06:01 CET

Karl-Friedrich Stracke, Magna Steyr's head of vehicle technology and engineering, is betting on acquisitions in China. The supplier is watching the M&A market very closely, Stracke said in an interview....
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