Magna Steyr

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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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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