Magna Steyr

MAGNA STEYR Fahrzeugtechnik GmbH & Co KG
Company typeLimited public partnership (GmbH & KG)
IndustryAutomotive
Contract manufacturing
PredecessorSteyr-Daimler-Puch
Founded2001
FounderFrank Stronach
Headquarters,
Key people
Roland Prettner, President
ProductsComplete vehicle automobile manufacturing, automobile components
ServicesConsultancy services
RevenueIncrease
Number of employees
13,500 (2022)
ParentMagna International
Websitemagna.com

Magna Steyr GmbH & Co KG is an automobile manufacturer based in Graz, Styria, Austria, where its primary manufacturing plant is also located. It is a subsidiary of Canadian-based Magna International and was previously part of the Steyr-Daimler-Puch conglomerate.

Magna Steyr engineers develop and assemble automobiles for other companies on a contractual basis; therefore, Magna Steyr is not an automobile marque. In 2002, the company absorbed Daimler AG's Eurostar vehicle assembly facility. With an annual production capacity of approximately 200,000 vehicles as of 2018,[1] it is the largest contract manufacturer for automobiles worldwide.[2] The company has several manufacturing sites, with its main car production in Graz in Austria.

Magna Steyr developed Mercedes-Benz's "4Matic" all-wheel drive (AWD) system, and was the sole manufacturer of all E-Class 4Matic models between 1996 and 2006.[3] The company also undertook substantial development on the BMW X3 and manufactured all original X3s (model code E83), and the Aston Martin Rapide. The company developed several cars on behalf of manufacturers such as the Audi TT, Fiat Bravo and Peugeot RCZ.

  1. ^ "Magna to Build New Paint Line in Slovenia to Support Graz Vehicle Production". Magna International. 17 October 2017. Archived from the original on 16 March 2018. Retrieved 20 April 2018.
  2. ^ "New World of Telecommunications". Siemens. 2008. Retrieved 6 May 2009.
  3. ^ "Magna Phases Out E-Class 4MATIC". WardsAuto. 15 December 2006. Retrieved 7 July 2020.