BMW 5-series plug-in hybrid will be built by Magna SteyrJune 19
Magna International's Magna Steyr unit will build BMW's new 5-series plug-in hybrid at its Austrian factory. Magna sees contract manufacturing of electrified vehicles as a "near-term opportunity" as automakers invest heavily in fully-electric and gasoline-electric hybrid vehicles.
Audi CEO vacates roles with Piech family foundationMarch 3
Magna considers new contract assembly plant in EuropeDec. 13, 2016
Magna Steyr may build a new plant in Europe as its Austrian factory runs out of capacity, Guenther Apfalter, the head of its European business, said. The contract manufacturer will begin output of the BMW 5 series and Jaguar I-Pace next year.
Panasonic in final talks to buy headlight maker ZKW, report saysDec. 5, 2016
Panasonic is in the final stages of talks to buy Austrian automotive headlight maker ZKW Group for up to $1 billion, accelerating its push into the automotive electronics market, the Nikkei business daily reported today.
Jaguar will build I-Pace electric SUV with Magna Steyr, CEO saysNov. 18, 2016
Jaguar will build its forthcoming I-Pace full-electric crossover with contract manufacturer Magna Steyr in Austria, Jaguar Land Rover CEO Ralf Speth told Automotive News Europe. The British automaker previewed its first electric vehicle at the Los Angeles auto show this week. Sales of the I-Pace will begin in 2018.
Austria brothers aim to help BMW, VW, others tackle TeslaSept. 25, 2016
Magna considering new car plants after getting BMW 5-series dealSept. 15, 2016
BMW, Toyota roadsters to be built by Magna Steyr, report saysMay 13, 2016
Apple sets up lab in Germany to help develop iCar, paper saysApril 20, 2016
JLR contracts with Magna Steyr to build cars in AustriaJuly 2, 2015
Jaguar Land Rover has signed a contract to build some vehicles at Magna Steyr's plant in Austria, the UK automaker said today. Magna Steyr will build an unspecified number of models in Graz as JLR's three British plants are close to capacity.