BMW to End Mini Production at Magna Steyr
The Kleine Zeitung newspaper reported on Thursday that the BMW Group will end contract production of Mini cars by Magna Steyr in 2016. Automotive News reports that the Austrian supplier currently...
View ArticleSamsung SDI Buys Battery-Pack Business From Magna
Digging further into the auto-parts game, Samsung SDI announced it would buy Magna International’s battery-pack business. Reuters reports the subsidiary of the South Korean chaebol, which makes packs...
View ArticleGeneva 2015: Magna MILA Plus Hybrid Concept To Debut
Magna Steyr doesn’t build cars on its own, but the supplier always brings a concept to Geneva when it can, and the MILA Plus is no exception. The MILA Plus is a PHEV deriving power from a...
View ArticleMagna Completes $1.9B Acquisition of Transmission-maker Getrag
Supplier and sometimes-assembler Magna International will buy German transmission-maker Getrag for roughly $1.9 billion, the Detroit News is reporting. The deal would firmly plant Canadian-based Magna...
View ArticleBMW Z4 Production Confirmed in Austria by End of Year, Toyota Supra Details...
While rumors that BMW’s upcoming Z4 roadster would begin production at Magna Steyr’s facility in Graz, Austria, for months, it wasn’t until late last week that the company was actually willing to...
View ArticleIt’s About Time: The Officially Official Reveal of BMW’s New Z4 Roadster
After the prolonged teasing of both the new BMW Z4 and Toyota Supra, it’s nearly impossible to have any feelings left on the matter. We equate it to the rare sensation of desperately needing to urinate...
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