Magna to produce BMW 5-series plug-in hybrid
Manufacturing will be based out of the auto parts giant's Austrian plant, which has been producing BMW vehicles for 15 years.
SAILAUF, Germany — BMW’s 530e plug-in hybrid will be produced at Magna’s contract manufacturing plant in Graz, Austria, starting this summer.
The Austrian plant is already home to a Magna-produced electrified vehicle – the Jaguar I-Pace.
Magna, the Aurora, Ont-based automotive giant, already produces BMW 530 sedans at the plant, and has manufactured vehicles for the German automaker on a contract basis for more than 15 years. The first BMW produced in Graz, an X3 SUV, rolled off the assembly line in Graz in 2003.
Magna started the split production on the BMW 5 Series sedan in March of this year and will commence production of the Jaguar I-Pace, their first electric car, in the first quarter of 2018.