Continuing to grow sales faster than vehicle production through 2020 Accelerating free cash flow1 in 2018-2020 period AURORA, ON, Jan. 16, 2018 /PRNewswire/ – Magna International Inc. (TSX: MG; NYSE: MGA) today announced its financial outlook for 2018 and 2020. Don Walker, Magna’s Chief Executive Officer (CNW Group/Magna International Inc.) Vince Galifi, Magna’s Chief Financial… Continue reading Magna Announces Outlook
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LAS VEGAS, Jan. 9, 2018 /PRNewswire/ — Innoviz Technologies, a leading provider of LiDAR sensing solutions, announced today the commercial launch of InnovizPro™, a stand-alone, solid-state, MEMS-based scanning LiDAR solution offering the most accurate and reliable performance of any LiDAR sensor available on the market today. A CES Innovation Awards winner in the Vehicle Intelligence… Continue reading Innoviz Technologies Launches InnovizPro™, a High-Resolution, Solid-State Automotive LiDAR Solution Offering …
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• Magna is uniquely qualified to support startups under China’s environmental plan• Supplying ES8 with aluminum body, chassis and the gearboxes for the electric drive system • Combines expertise in powertrains, body and structure, and lightweight materials Click here for the PDF version of the release. SHANGHAI, China, December 18, 2017 — As China’s environmental plan… Continue reading News Release – Magna Collaborates with New Chinese Automaker NIO on Vehicle Launch
2019 Mercedes-Benz G-Class Starts Production at Magna Steyr in Graz, Austria
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2019 Mercedes-Benz G-Class Starts Production at Magna Steyr in Graz, Austria
18 May 2018, 6:53 UTC · by Mircea Panait
/ Home / News / Car Profile
Unveiled in January at the 2018 North American International Auto Show in Detroit, the W464 is now rolling off the assembly line at Magna Steyr in Graz, Austria. The three-pointed star has been building the G-Class here since the very beginning, back in 1979 when the 460 series of the Gelandewagen went on sale.
54 photos“With the model change the new G-Class experienced the biggest transformation in its 39 years-old history,” declared Gunnar Guthenke, head of the Off-Road Product Group at Mercedes-Benz. “The superior development goal for the new G-Class was to improve the off-road capabilities even more,” concluded the official.
Raising the bar higher than the W463 did from 1990 to 2018, the W464 is available with two engine options for the time being, namely the G500 and G63. The G65 went the way of the dodo because the twin-turbocharged V12 couldn’t keep up with the latest of emissions standards, which means that twin-turbo V8s is all we get.
The 4.0-liter engine with hot-vee layout in the 500 is rated at 422 PS (416 horsepower) and 610 Nm (450 pound-feet) of torque, with the M176 connected to the 9G-Tronic automatic transmission with nine forward ratios from the get-go. The 63, on the other hand, sees the M176 get the AMG treatment for an output of 585 PS (577 horsepower) and 850 Nm (627 pound-feet) of torque. Not bad at all, right?
When all is said and done, the party piece of the G-Class is how versatile the W464 is off the beaten path. But for a change, Mercedes-Benz put the effort into making the G easier to live with on a daily basis thanks to upgrades such as independent suspension at the front and a cockpit inspired from the W222 S-Class.
To date, the three-pointed star and Magna Steyr have produced more than 300,000 examples of the G-Class. Sales have been on the rise since 2009, and starting in 2012, the G has established a sales record each year. 2017 is the highlight from a commercial standpoint, with the G-Class achieving over 22,000 units sold in a year.
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