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. The company developed several cars on behalf of manufacturers such as the Audi TT, Fiat Bravo and Peugeot RCZ.
Magna Steyr GmbH & Co KG was founded in 2001 after Magna International Inc. acquired a majority shareholding in Steyr-Daimler-Puch AG three years earlier.
During the second quarter of 2015, the Magna Steyr battery pack business was sold to Samsung SDI for approximately $120 million.
In March 2017, Magna Steyr started to produce the new BMW 5 Series sedan; production was shared with BMW Group's manufacturing plant in Dingolfing, Germany, until the new eight generation of the 5 Series.
In early December 2016, Magna International announced it will build the new Jaguar I-Pace, the companyâÂÂs first battery electric vehicle. Jaguar later said Magna Steyr will also assemble its E-Pace crossover, starting later in 2017 and ending in 2024. Magna Steyr confirmed the deal following Jaguar's announcement. Production for the I-Pace started in early 2018 and ended in 2024.
In January 2020, Sony presented a concept car, the Sony Vision-S, which was developed and built in cooperation with Magna Steyr. In October 2020, Magna International announced it would build a new electric vehicle, the Fisker Ocean, while taking a 6% ownership interest in Fisker Inc. Also the Ineos Grenadier 4x4 has been developed with expertise from Magna Steyr, with subsidiary Magna Powertrain working on the development of the chassis and suspension and the car being built at the former Smartville plant at Hambach in France.
Porsche had announced in June 2008 that the Boxster and Cayman models would be manufactured by Magna Steyr from 2012, but this contract was cancelled in December 2009 and transferred to Karmann, a German car assembly company which was recently taken over by Porsche's parent company, Volkswagen. After Fisker cancelled the orders for the Fisker Ocean, 500 employees had to be laid off at the main plant in Graz.
Magna Steyr created the MILA (Magna Innovation Lightweight Auto) brand for its technology and research. Several concept cars have been shown at motor shows under the MILA name.
The MILA was presented at the IAA in Frankfurt in 2005 as a one-seater sports car concept. The first prototype of the CNG-powered vehicle was built in 2006. Mila 2, the two-seater version, followed.
Presented at the 2007 Geneva Motor Show, the Mila Future is a sculpture with four roof options: coupé, landaulet, coupster (a crossover between a coupé and a roadster) and roadster.
The Alpin was a small, lightweight off-road vehicle for four passengers in a 3+1 seat arrangement announced at the 2008 Geneva Motor Show. It had an unusual mid-engine layout and was based on a low-cost production concept. It was long, wide and high, with a 3-cylinder 1.0 L (999 cc) engine in two versions; CNG natural gas or petrol. The petrol version was much lighter, with a weight of .
The Mila EV was a plug-in electric vehicle concept based on a modular lightweight platform, displayed at the 2009 Geneva Motor Show.
At the 2011 Geneva Motor Show, the fifth Mila concept car was presented: Mila Aerolight, a compact four-seater, powered by CNG.
The sixth concept car in the Mila family, the Mila Coupic, combines three vehicle concepts in one: a SUV coupé which can be transformed into a pick-up or a convertible. It was presented at the 2012 Geneva Motor Show.
The MILA Blue is a natural-gas powered lightweight concept vehicle with emissions of of less than . The car achieves a weight savings of compared to typical current A-segment vehicles powered by CNG.
The MILA Plus is a plug-in hybrid sports car concept that uses a lightweight aluminum construction and recyclable materials. With an all-electric range of and a vehicle weight of , the MILA Plus achieves CO<sub>2</sub> emissions of . It was introduced to the public at the 2015 Geneva Motor Show.