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Magna adds Jaguar E-PACE to contract manufacturing line-up

As SUVs continue strong sales in markets around the world – crossovers and SUVs grew to almost 29 percent of all sales globally in 2016 – automakers are launching new models to meet demand. This includes Jaguar Land Rover, which announced yesterday that their Jaguar E-PACE compact SUV will be built by Magna at its contract vehicle manufacturing facility in Graz, Austria.

Magna adds Jaguar E-Pace to contract manufacturing line-up

E-PACE production is expected to begin in the fourth quarter of 2017. It is the second model Magna will contract manufacture for Jaguar, joining the Jaguar I-PACE.

“We are proud to expand our partnership with Jaguar Land Rover and contribute to their new E-PACE compact SUV,” said Günther Apfalter, President of Magna Europe and Magna Steyr. “This second collaboration in just a short time emphasizes the agility and flexibility we provide automakers with our contract manufacturing capability.”

Including the Jaguar E-PACE, Magna will be manufacturing five different models by the first quarter of 2018. The others are Jaguar I-PACE, BMW 5 Series, BMW 530e plug-in hybrid, and Mercedes-Benz G-Class.

With more than 100 years’ experience in vehicle manufacturing, Magna represents a leading partner for automakers. The company’s engineering and contract manufacturing expertise provides additional production capacity for long-, mid- and short-term needs. As a contract manufacturer, Magna has produced more than 3 million vehicles across 23 different models.

Companies: Magna

Industries: Automotive and Road Transportation

Terms: Applications, Business

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This article has been edited by Basalt.Today
Source
This article has been written on JEC Composites Magazine
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