A new report states that Austria-based contract manufacturer Magna Steyr is on the cusp of securing two new customers in XPeng Motors and GAC Motor Co. As a result of the reported deal ...

Deals with Xpeng and GAC would bring much-needed new business to Magna Steyr's Graz, Austria, production hub, the vehicle contract manufacturing unit of Magna International. SHANGHAI ― Magna ...

As reported by the German Kleine Zeitung, Magna is said to be “on the verge of concluding assembly orders for two top Chinese brands” for the plant in Graz. These are said to be startup and VW partner ...

Magna International (TSX:MG), a cornerstone of the global automotive supply chain, faces a pivotal “tariff” year in 2025. Its stock has slumped to multi-year lows amid fears of trade wars ...