January 30, 2014

Magna signs new manufacturing contract with BMW Group

Magna International has announced that its Magna Steyr operating unit will continue its collaboration with the BMW Group through a new vehicle manufacturing contract for its facility in Graz, Austria. The new production program would start following the end of production of the
current Mini models Mini Countryman and Mini Paceman being assembled by Magna Steyr in Graz.

"This new contract with the BMW Group exemplifies our customer's confidence in Magna Steyr to deliver world-class manufacturing excellence and flexibility," said Gunther Apfalter, President Magna Steyr & Magna International Europe. "We are pleased to secure this contract which allows Magna Steyr to maintain its position as a leader in contract vehicle manufacturing."


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