AUSTRIA: MAGNA STEYR TO EXPAND CAPACITY

Article Abstract:

Austro-Canadian auto supplier group Magna Steyr boasts an excellent order situation particularly for its production of Jeep Grand Cherokee and several Mercedes models. Magna wants to employ 1,300 staff in order to raise its capacity in the Steyr-Daimler-Puch Fahrzeugtechnik (SFT) site in Graz, Austria. In addition to the increase in existing production (the output of the Mercedes G-class is to be raised by 35% in 2002), Magna bets on new orders. The contract for the production of the Saab convertible has been confirmed. Now the Graz site is waiting for the contract to produce the BMW X3, which BMW chief Milberg promised some months ago.

Strategy & planning, New capacity, new plant construction, BMW AG, Saab AB, Jeep Eagle Corp., Magna Steyr AG und Company KG

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AUSTRIA: SUBARU WANTS 25-30 DEALERS

Article Abstract:

Subaru aims to sell 1,000 vehicles in Austria in year 2001. The Japanese company that took over the distribution of its cars from the previous importer in year 2000 has signed agreements with two dealers, both of them in the state of Styria. Altogether the company would like to have 25-30 dealers in Austria.

Foreign operations, Foreign trade, Motor Vehicle Dealers, Motor Vehicle and Parts Dealers, New and used car dealers, Automotive dealers

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