Company overview
Magna Steyr Fahrzeugtechnik GmbH & Co KG is an automobile manufacturer based in Graz, Austria. It operates as a contract manufacturer for other companies, including Mercedes-Benz, BMW, and Jaguar. Founded in 2001 as a result of Magna International’s acquisition of Steyr-Daimler-Puch, the company initially focused on producing components and vehicles for various brands. Magna Steyr developed several key systems, such as the Mercedes-Benz 4Matic all-wheel drive system and manufactured models like the BMW X3, Chrysler Voyager, and Audi V8L. The company has produced over 200,000 vehicles annually as of 2018. Magna Steyr has also created the MILA brand for its technology and research, presenting concept vehicles at motor shows. Historically, Magna Steyr produced models including the Voiturette, Alpenwagen, Pinzgauer and various vehicles for Porsche, Fiat, Peugeot, and Saab. As of 2024, Magna Steyr continues to manufacture vehicles for brands such as BMW, Jaguar and Fisker.
