Infiniti Backs Out of Plan to have Magna Steyr Build its Mercedes-Benz-Based Compact Model
Cars

Infiniti Backs Out of Plan to have Magna Steyr Build its Mercedes-Benz-Based Compact Model



In May this year, the Nissan group announced that it had come to an agreement and signed a memorandum of understanding (MoU) with auto manufacturer Magna Steyr for the assembly of a new, Mercedes-Benz-based, Infiniti compact model in Austria.

Well, this is not going to happen as on Friday, the Japanese automaker issued a statement saying that, even though Infiniti is moving ahead with plans to develop the compact model with a scheduled launch in 2015 (and not in 2014, as originally stated), it won't be built by Magna Steyr, but instead, it will produce the car itself.

Read more »




- Magna Steyr Reportedly Getting Big Chunk Of Next-gen Bmw 5-series Production
Austria-based contract manufacturer Magna Steyr will reportedly build between 50,000 and 70,000 next-generation BMW 5-Series a year at its production base in Graz. Read more »...

- Magna Steyr Will Build Future Jlr Vehicles In Austria, Small Jaguar Suv Rumored To Be First
Jaguar Land Rover has announced a manufacturing partnership with Magna Steyr to build some of its future models in Graz, Austria. Read more »...

- Nissan To Build Upcoming Vw Golf Rival At Barcelona Plant
Up until last year, the Nissan Group's plan was to have Magna Steyr contract-manufacture a new Infiniti premium compact model based on the Etherea concept in Austria, and build its upcoming Opel Astra and VW Golf rivaling hatchback at its own Sunderland...

- Infiniti To Build New Compact Model At Nissan's Uk Plant
A few months after Infiniti backed out of a plan to have Magna Steyr contract-manufacture its first ever premium compact model in Austria, the Japanese automaker said on Wednesday it has decided to build the car in the UK. Production will take place...

- Mini Sports Activity Vehicle To Be Built By Magna Steyr
BMW Group issued a press release today stating that the forthcoming MINI Sports Activity Vehicle (SAV) will be built by Magna Steyr in Graz, Austria, which also makes the BMW X3 model. The Bavarian Groups’ decision to hand the contract to Magna...



Cars








.