Magna Intl. to make BMW's Mini-brand SUVs
German luxury-car maker Bayerische Motoren Werke AG said Canada's Magna International Inc. would make a Mini-brand sport utility vehicle.
The new model will be built at Magna's Magna Steyr factory in Oberwaltersdorf, Austria, a BMW spokesman said.
Magna Steyr, properly known as Magna Steyr Fahrzeugtechnik AG & Co. KG, did substantial development of the BMW X3 compact luxury crossover SUV and makes all X3s.
It will build about 40,000 four-wheel-drive Mini SUVs a year, the Frankfurter Allgemeine Zeitung reported.
The SUVs will hit the market in 2010, the Frankfurt, Germany, newspaper said.
BMW would not comment on how many Mini SUVs Magna Steyr would make for BMW a year or when production would begin.
BMW passed over independent car maker Wilhelm Karmann GmbH, of Osnabrueck, Germany, in awarding the contract to Magna, of Aurora, Ontario, the Frankfurter Allgemeine Zeitung said.
Karmann, which made BMW coupe and sedan models from the 1960s to the 1980s, had pushed hard for the contract, the newspaper said. // Copyright 2007 by United Press International
- Moldova's seventh Free Enterprise Zone to be opened in Balti
- Magna Intl. to make BMW's Mini-brand SUVs
- Two former VW executives go on trial
- Chery produces 1 millionth car
- BMW group vehicle sales rise 7.0 percent in May
- France's Renault introduces low-cost Logan sedan in India with Indian company
- German company willing to build up plant of sub-assembling for BMW in Moldova
- Hyundai Motor building a car plant in Brazil
- GM recalls 98,000 Chevy Cobalt cars
- Toyota top selling car in Singapore for fifth straight year
- Asia, US helps Mercedes Benz sales hit record high in 2006
- Cricova: The Largest Underground Wine Cellar in the World
- What does Remortgage mean?
- Dutch bear profit rises 26 percent
- Foreign direct investment in India doubles during 2006
- Greece: Socialist government's budget deficit of 12.5% caused debt crisis
- Toyota in talks to build new China plant
- Walt Disney profit up 39 percent
- DaimlerChrysler is not planning to manufacture trucks in India
