Magna Steyr Company Description
Magna Steyr would never steer you wrong. The company, the largest of Magna International's operating divisions, is an engineering and vehicle assembly, as well as a component and system development company serving the world's car makers. Magna Steyr's engineering services include production, product development, design concepts, simulation, prototyping, vehicle safety, and road testing. The company also offers contract assembly for various niche or low-volume auto models including Mercedes-Benz G class and BMW X3. Magna Steyr's space technology division makes the cryogenic fuel lines for the European Space Agency's ARIANE 5 launch vehicle.
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The Company Description provides a historical perspective of Magna Steyr's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Magna Steyr's evolution in the marketplace.
