Subscribe
China

Magna may build Chinese cars in Europe

Henrik Fisker Ocean Magna Steyr 2022.jpg
Fisker Ocean production is pictured at Magna Steyr's plant in Austria. (Peter Reiter Photography)
B
By:
Bloomberg
September 04, 2023 05:50 PM

Magna International is in talks to produce vehicles for Chinese brands in Europe as they expand in the region.

Featured Stories

Stellantis offers buyouts, retirement incentives to workers in Detroit and Toledo
Stellantis offers buyouts, retirement incentives to workers in Detroit and Toledo
Why some automakers see tariffs as their biggest threat yet
Why some automakers see tariffs as their biggest threat yet
Ford Super Duty engines from Canada, Mexico in tariff crosshairs
Ford Super Duty engines from Canada, Mexico in tariff crosshairs
Major automakers stop tracking spending with minority-owned suppliers amid DEI pullback
Major automakers stop tracking spending with minority-owned suppliers amid DEI pullback

Latest News

How tariffs could impact a small-volume brand like Karma Automotive
4 cool things about Ram’s heavy-duty pickups
Stellantis offers buyouts, retirement incentives to workers in Detroit and Toledo
Stellantis, Leapmotor said to favor Spain for B10 electric SUV production
Staying current is easy with newsletters delivered straight to your inbox.

See More in China

Fewer than 40% of China’s car dealerships made money in 2024, trade group says
Exports shore up China’s pickup shipments to start 2025
EV battery maker Sunwoda to build plant in Thailand
Magna to build EVs for Xpeng, GAC in Austria with Chinese kits, report says
Staying current is easy with newsletters delivered straight to your inbox.