Magna Steyr

Magna Steyr (properly Magna Steyr Fahrzeugtechnik AG & Co KG ) is an automobile manufacturer based in Oberwaltersdorf, Austria with its primary manufacturing location in Graz. It is a subsidiary of Canadian-based Magna International and was previously part of the Steyr-Daimler-Puch conglomerate.

Magna Steyr engineers, develops and assembles automobiles for other companies on a contractual basis; therefore, Magna Steyr is not an automobile marque. In 2002 it absorbed Daimler AG's Eurostar vehicle assembly facility. The company's vehicle assembly capacity reached 200,000 vehicles a year. It is the largest contract manufacturer for automobiles worldwide.[1]

Magna Steyr developed Mercedes-Benz's "4MATIC" all wheel drive system and assembles all E-Class 4Matic models. The company also did substantial development on the BMW X3 and manufactures all X3s.


-- Wikipedia