TOKYO—Magna Steyr has signed a contract with Nissan to assemble Infiniti’s future entry-level luxury compact car. Production is expected to begin in 2014.
Most people who purchase a BMW X3 have no idea that it's not built by the company from Munich, Germany, that claims to provide "the ultimate driving machine." The $36,000 sport utility vehicle is actually assembled by Magna Steyr, a contract manufacturer that builds cars for several other automakers, including DaimlerChrysler (Auburn Hills, MI) and General Motors Corp. (Detroit).
