GRAZ, Austria, May 7, 2014 /CNW/ - Magna International Inc.
announced today that its Magna Steyr
operating unit has reached a significant milestone -- 1,000,000
vehicles produced for the BMW Group from its assembly line in
Graz, Austria, since 2003.
This impressive figure includes BMW X3, MINI Countryman and MINI
Paceman vehicles. Magna Steyr has
been BMW's strategic contract manufacturing and engineering partner
for all three models.
"This milestone shows the comprehensive trust in our capability
as a vehicle contract manufacturer and the commitment our employees
have toward world class quality, ensuring that every vehicle
completely satisfies the most exacting standards," said Günther
Apfalter, President Magna Steyr and
Magna International Europe.
The successful co-operation began in 2001 with the contract for
the BMW X3 and has continued seamlessly with the production of the
two MINI models which started in 2010. At the start of this year,
Magna Steyr and the BMW Group signed
a new contract ensuring that the successful partnership between BMW
Group und Magna Steyr will continue
after the end of the current manufacturing contract for the MINI
Countryman and MINI Paceman.
About Magna Steyr
More than 100 years of experience in automobile construction and
its comprehensive range of services have turned Magna Steyr, a subsidiary of Magna
International, into the world's leading, brand-independent
engineering and manufacturing partner for automobile makers. Our
extensive range of services consists of the five areas of
Engineering Services, Vehicle Contract Manufacturing, Roof Systems,
Fuel Systems and Battery Systems. As a contract manufacturer, we
have produced some 2.5 million vehicles in 22 models.
About Magna International
We are a leading global automotive supplier with 315
manufacturing operations and 82 product development, engineering
and sales centres in 29 countries. We have over 128,000 employees
focused on delivering superior value to our customers through
innovative products and processes, and World Class Manufacturing.
Our product capabilities include producing body, chassis, interior,
exterior, seating, powertrain, electronic, vision, closure and roof
systems and modules, as well as complete vehicle engineering and
contract manufacturing. Our common shares trade on the Toronto
Stock Exchange (MG) and the New
York Stock Exchange (MGA). For further information about
Magna, visit our website at www.magna.com.
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SOURCE Magna International Inc.
Image with caption: "Magna's contract manufacturing operation in
Graz, Austria, has produced
1,000,000 vehicles for the BMW Group starting in 2003. This figure
includes the BMW X3, MINI Countryman and MINI Paceman vehicles.
(CNW Group/Magna International Inc.)". Image available at:
http://photos.newswire.ca/images/download/20140507_C7096_PHOTO_EN_40062.jpg