Magna Steyr is a division of Magna International, a Canadian-based global automotive supplier. It specializes in contract manufacturing and engineering services for automobiles. Magna Steyr’s operations are primarily located in Graz, Austria, where it has manufactured cars for renowned brands such as Mercedes-Benz, BMW, and Jaguar. The company also has a diversified portfolio, delving into electric vehicle production and engineering services for various sectors within the automotive industry.