Magna Steyr Newsletter: Corona Update by our Management Team Thursday, December 17, 2020 Dear employees . Whitley, UK - Jaguar Land Rover has agreed a manufacturing partnership with Magna Steyr, an operating unit of Magna International Inc, to build some future vehicles in Graz, Austria. Once it reopens the Jaguar and BMW lines next month, in an effort to encourage staff to avoid public transport, Magna Steyr will add car parking by using space normally allocated to completed cars. Magna Steyr has signed a contract with BMW and Toyota to help develop then manufacture the next BMW roadster and a Toyota coupe version speculated to be the next generation Supra. It’s most likely that Magna Steyer will be building a yet to be announced Jaguar or Land Rover. Whitley, United Kingdom – Jaguar Land Rover has agreed to a manufacturing partnership with Magna Steyr, an operating unit of Magna International Inc., to build some future vehicles in Graz, Austria. Jaguar Land Rover has announced a new manufacturing agreement with Magna Steyr that will see some of its future models built in Austria.. "The signing of this contract with Jaguar Land Rover reflects the trust in our capability and heritage as a vehicle contract manufacturer," said Günther Apfalter, President Magna Steyr and Magna International Europe. Electric drivetrain production and battery assembly will also take place there. Looking back on the COVID year 2020, I believe it is fair to say that together we, the Magna Steyr team, have been dealing with this pandemic successfully. Magna Steyr is the only contract manufacturer in the world building vehicles with different propulsion systems at one plant and on one production line. Additionally, the company signed a contract with Jaguar to assemble Jaguar E Pace crossovers for the European market. "The partnership with Jaguar Land Rover brings a new customer to our Graz plant. The year is drawing to a close. Why it matters. The Jaguar E-Pace (X540) is a subcompact luxury crossover SUV produced by the British car manufacturer Jaguar Land Rover (JLR).It was officially revealed on 13 July 2017 and was the 2nd production Jaguar SUV. Third party Magna Steyr, which builds the I-Pace electric SUV in Austria, will also resume production, but Jaguar Land Rover's own plants in Castle Bromwich in the Midlands and Halewood near Liverpool will remain closed, and will open when buying conditions improve. The car is built in Graz, Austria, by Magna Steyr and from 2018 is also scheduled to be built by Chery Jaguar Land Rover, JLR's joint venture with partner Chery, in Changshu, China. Unlike the Jaguar I-Pace electric SUV, which is manufactured under contract by Magna Steyr in Austria, the electric Jaguar XJ will be built in the UK, at Jaguar's Castle Bromwich site near Birmingham.