Magna Steyr

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.

[3] The company also undertook substantial development on the BMW X3 and manufactured all original X3s (model code E83), and the Aston Martin Rapide.

The company developed several cars on behalf of manufacturers such as the Audi TT, Fiat Bravo and Peugeot RCZ.

[4] During the second quarter of 2015, the Magna Steyr battery pack business was sold to Samsung SDI for approximately $120 million.

[6] In early December 2016, Magna International announced it will build the new Jaguar I-Pace, the company’s first battery electric vehicle.

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.

The Mila EV was a plug-in electric vehicle concept[25] based on a modular lightweight platform, displayed at the 2009 Geneva Motor Show.

The car achieves a weight saving of 300 kilograms (660 lb) compared to typical current A-segment vehicles powered by CNG.

Magna Steyr MILA Concept
Magna Steyr MILA Blue