Magna Steyr

About Magna Steyr

Magna Steyr Fahrzeugtechnik 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, it is the largest contract manufacturer for automobiles worldwide. 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. The company also undertook substantial development on the BMW X3 and manufactured all original X3s (model code E83), and early Aston Martin Rapides.