News Release - Magna Produces 500,000th MINI
In 2010, Magna Steyr started producing the MINI Countryman followed by the sporty coupé-version, the MINI Paceman in 2012. In addition to the contract manufacturing for the MINI, Magna worked with the BMW Group as a development partner and produced five special vehicle editions and a series of smaller special editions of the two MINI models.
Over the past five years, Magna has received numerous recognition awards for MINI production in high quality, performance and manufacturing excellence.
The strategic partnership between Magna and the BMW Group began in 2001, then in 2003, Magna started the production of the BMW X3. Although the contract for the production of the MINI Countryman and the MINI Paceman will come to an end in 2016, the BMW Group has awarded Magna Steyr a new contract for future vehicles with production to start in 2017.
“This achievement represents not only a production milestone but serves as a reflection of the trust our customer, the BMW Group, has in our ability to contract manufacture their vehicles. This also indicates the commitment of our employees and their dedication to delivering a high-quality assembled vehicles that our customer expects,” said Günther Apfalter, President Magna Europe & Magna Steyr.
Magna Steyr is the world’s leading, brand-independent engineering and manufacturing partner for automobile makers. As a contract manufacturer, Magna Steyr has produced more than three million vehicles across 22 models.
About Magna International
We are a leading global automotive supplier with 287 manufacturing operations and 81 product development, engineering and sales centres in 29 countries. We have approximately 124,000 employees focused on delivering superior value to our customers through innovative products, processes and World Class Manufacturing. Our product capabilities include producing body, chassis, exterior, seating, powertrain, electronic, vision, closure and roof systems and modules, as well as complete vehicle engineering and contract manufacturing. Our common shares trade on the Toronto Stock Exchange (MG) and the New York Stock Exchange (MGA). For further information about Magna, visit our website at www.magna.com.
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