- Magna’s exhibit located in Hall 6, Booth 6162
- Only contract manufacturer to produce vehicles with different powertrains on a single production line
- Networked smart factory provides efficient and competitive operations
SAILAUF, Germany, Feb. 26, 2018 (GLOBE NEWSWIRE) -- Magna International helps shape future mobility across all areas of vehicle
development and production. Within this evolving ecosystem, the global technology company will demonstrate its unique expertise in
complete vehicle assembly and engineering at the Geneva Motor Show. The show runs from March 8th to the 18th
and Magna’s exhibit is located in Hall 6, Booth 6162.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/c6e28e4f-2a44-41e6-95b3-01332a9d3a21
Magna is the only automotive contract manufacturer worldwide to produce vehicles with conventional, hybrid and electric
powertrains – in some cases, all on the same production line. This further demonstrates the automotive supplier’s experience in
electrification and electromobility.
According to Günther Apfalter, President Magna Europe & Magna Steyr, “Our combination of comprehensive production expertise and
smart factory solutions puts our company in a uniquely advantageous position in the global automotive supplier industry. Our
long-term partnerships with well-known OEMs are further evidence of this. We employ smart factory technologies in production,
demonstrating once again that innovation is a constant companion and driving force for us.”
The Graz, Austria, facility plays a special role within Magna’s global operations: more than 100 years of experience in vehicle
production, in excess of three million vehicles produced to date, and a broad range of engineering and support services make Magna
the world’s leading brand-independent engineering and manufacturing partner for automakers.
Beginning this year, approximately 200,000 vehicles will roll off the line each year at Magna’s facility in Graz. Four different
models from three car manufacturers will be assembled in one plant, ensuring it will be operating at high capacity.
Magna Steyr has built the iconic G-Class for Daimler since 1979, and the recently unveiled latest generation will continue to be
produced in Graz. Since March 2017 the Austrian plant has also manufactured BMW 5 Series models equipped with both conventional and
plug-in hybrid powertrains. Completing the current contract manufacturing line-up in Graz, production of the Jaguar E-PACE started
in late 2017. A second Jaguar model, the I-PACE electric vehicle, will also be produced by Magna.
The latest production techniques are employed at the Graz complex. Magna Steyr is widely viewed as a pioneer in the areas of
production flexibility, agility and networking. The networked smart factory uses digital communication between employees, machines,
products, and resources to provide efficient and competitive production operations.
TAGS
Contract manufacturing, production expertise, complete vehicle competence, Magna, Magna Steyr
INVESTOR CONTACT
Louis Tonelli, Vice-President, Investor Relations
louis.tonelli@magna.com, 905.726.7035
MEDIA CONTACTS
Tracy Fuerst, Global Director of Corporate Communications & PR
tracy.fuerst@magna.com, 248.631.5396
Rej Husetovic, Director Corporate Communications & Media Relations Europe
rej.husetovic@magna.com, (+49-6093) 9942-5056
ABOUT MAGNA
We have more than 168,000 entrepreneurial-minded employees dedicated to delivering mobility solutions. We are a technology company
and one of the world's largest automotive suppliers with 335 manufacturing operations and 96 product development, engineering and
sales centres in 28 countries. Our competitive capabilities include body exteriors and structures, power and vision technologies,
seating systems and complete vehicle solutions. Our common shares trade on the Toronto Stock Exchange (MG) and the New York
Stock Exchange (MGA). For further information about Magna, visit www.magna.com.
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