Magna to produce BMW 5-series

BMW´s new 530e plug-in hybrid will be produced at Magna’s contract manufacturing plant in Graz, Austria. As a contract manufacturing partner for 2 premium electrified vehicles – the BMW 530e and the previously awarded Jaguar I-PACE – Magna’s Graz facility is demonstrating its value proposition to its customers.

This vehicle programme further demonstrates the trust BMW places in Magna’s expertise in contract manufacturing and electrified products. Production of the new BMW 5- Series marks the successful continuation of the strategic partnership between the BMW Group and Magna that started over 15 years ago. The first BMW produced in Graz, an X3 SUV, rolled off the assembly line in Graz in 2003.

“We are excited to be adding another electrified vehicle architecture to our line-up,” said Guenther Apfalter, President Magna Steyr. “Vehicle electrification is a growing trend in the industry and, with our complete vehicle know-how, we are in a great position to help our customers meet the demands.” 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, from the first quarter of 2018.