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

Die Front eines alten Jaguars. pixabay.com

PR Newswire

GRAZ, Austria, July 14, 2017

Production to start later this year
Second Jaguar model awarded to Magna
Strengthens leadership in contract manufacturing

GRAZ, Austria, July 14, 2017 /PRNewswire/ - 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.

Jaguar E-PACE production at the Magna facility in Graz, Austria, is expected to begin in the fourth quarter of 2017. (CNW Group/Magna International Inc.)

E-PACE production is expected to begin in the fourth quarter of 2017. It is the second model Magna will contract manufacture for Jaguar, following the announcement of the Jaguar I-PACE in December 2016. Production of the I-PACE is planned to start in the first quarter of 2018.

"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.

TAGS
Jaguar E-Pace, Jaguar Land Rover, contract manufacturing, SUV, Magna Steyr

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