Europe: Magna Steyr to assemble Infiniti cars from 2014 image

Japanese carmaker Nissan Motor Co., Thursday announced that Magna Steyr – the automobile manufacturer based in Oberwaltersdorf, Austria will assemble Infiniti brand compact cars beginning in 2014.

According to Reuters, Magna Steyr would likely produce the entry-level Infiniti vehicles at its factory in Graz, Austria.

Daimler will supply several pre-assembled parts to Infiniti in a move that shows a deepening of the German automaker’s partnership with the Renault-Nissan alliance.

The Infiniti model is expected to be built on Mercedes’s MFA architecture, which underpins the second-generation A- and B-class model lines, Automotive News Europe has learned from the companies’ management circles.

The plan is to produce around 50,000 to 60,000 units a year in Graz, exporting them globally to compete against BMW‘s 1-Series and Audi‘s popular A3.
As mentioned earlier, Infiniti’s new FWD compact will be based on the Etherea Concept we saw at the Geneva Motor Show.

In other related news, Magna Steyr is eyeing Poland’s FSO car plant in Warsaw, Poland’s deputy economy minister Andrzej Dycha said Friday.

Quoted by the PAP news agency, Dycha said the company could turn out 200,000 cars a year within five years following the takeover, if it obtained public support for the project, which is however facing competition from Hungary.
The investment could give rise to 3,000 jobs directly and another 4,000 indirectly.