Magna International started building the BMW 5 Series on March 2 in Graz, Austria, kicking off an aggressive expansion of the Canadian parts giant's auto-assembly business, which will soon include Jaguar Land Rover.
Magna Steyr may build a new plant in Europe as its Austrian factory runs out of capacity, Guenther Apfalter, the head of its European business, said. The contract manufacturer will begin output of the BMW 5 series and Jaguar I-Pace next year.
Jaguar will build its forthcoming I-Pace full-electric crossover with contract manufacturer Magna Steyr in Austria, Jaguar Land Rover CEO Ralf Speth told Automotive News Europe. The British automaker previewed its first electric vehicle at the Los Angeles auto show this week. Sales of the I-Pace will begin in 2018.
The Volkswagen brand will start making electric cars in North America, as the manufacturer seeks to rebuild its tarnished image in the wake of the diesel scandal. Production in that region will start in 2021, as part of a plan to sell 1 million battery-powered cars globally per year by 2025, VW said in a statement Tuesday.
Jaguar is joining the race among luxury brands to market electric vehicles with the I-Pace crossover concept. The production version of the EV will be shown in late 2017 and go on sale in the U.S. in the second half of 2018. Jaguar's crossover is expected to beat several German competitors to market as Tesla steadily upends the luxury EV market with the Model X and automakers face regulatory pressure to boost fuel economy and cut emissions.
Jaguar Land Rover Canada says it will open seven new locations in central and western Canada by 2019, bringing its Canadian retailer network to 32 stores.
Austrian contract manufacturer Magna Steyr will produce six models for four different automakers at a plant in Graz, Austria, starting in 2018, Automobilwoche, a sister publication of Automotive News, reported.
Jaguar Land Rover Canada says its million-dollar investment to give prospective buyers hands-on experience with its products is paying off handsomely.
The prospect of another record year for auto sales in Canada looks a little less of a slam dunk after sales dipped 2.0 per cent in August; this, following a 2.6 per cent downturn in July.
A four-cylinder gasoline base engine is the norm these days in compact luxury sedans, and in just one case, a four-cylinder diesel engine is optional. But Jaguar Canada is rewriting this formula.
Jaguar will create a fleet of 100 self-driving cars over the next four years, but will limit the technology to systems that merely assist drivers.