Magna takes over Porsche assembly

摘要

Magna Steyr will build the next Porsche Boxster and Cayman in Austria when Finnish manufacturer Valmet's contract for the current models expires in 2012. Cost and the fact that Magna is developing some of the bodywork for the Porsches influenced the decision. Demand exceedsrnPorsche's Zuffenhausen plant's capacity and it can't make everything in-house. The firm is also widening its range. A partner able to handle development will help share the work better. Magna andrnValmet agree that these are tough times for contract assembly firms.