Magna Steyr Logo PNG
Magna Steyr is a division of Magna International, a Canadian-based global automotive supplier. It specializes in contract manufacturing and engineering services for automobiles. Magna Steyr’s operations are primarily located in Graz, Austria, where it has manufactured cars for renowned brands such as Mercedes-Benz, BMW, and Jaguar. The company also has a diversified portfolio, delving into electric vehicle production and engineering services for various sectors within the automotive industry.
Meaning and history
Founded in 2001 as a result of the merger between Magna International Inc. and Steyr-Daimler-Puch, Magna Steyr has emerged as a key player in the automotive engineering and manufacturing landscape. It offers comprehensive services ranging from concept development to full-scale production for a variety of vehicle types, including electric and hybrid. Over the years, it has accomplished several feats including the production of the Mercedes-Benz G-Class and the development of the MILA (Magna Innovation Lightweight Auto) concept cars. Operating primarily in Graz, Austria, the company has further expanded its footprint globally. The firm has been focusing on green mobility solutions and looking forward to opportunities in electric and autonomous vehicle technologies, maintaining its reputation as a versatile and forward-thinking automotive solutions provider.
What is Magna Steyr?
Magna Steyr is an Austrian automotive contract manufacturer and a division of Canadian company Magna International. The company specializes in engineering, designing, and producing vehicles for other companies, including major brands like Mercedes-Benz and BMW. It is known for its focus on innovation and has made strides in electric vehicle technology.
