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Magna Steyr wins Aston Martin assembly deal

10. March 2008

Aston Martin has used the backdrop of the Geneva Motor Show to announce a partnership with independent vehicle manufacturer Magna Steyr to build the upcoming four-door Rapide at a plant in Graz, Austria.  

Magna Steyr is to build Aston Martin's four-door Rapide saloon at a dedicated facility in Graz in Austria .

Production is expected to begin in late 2009 with around 2000 cars being built annually.

"The decision to outsource production of this incremental model has been taken because Aston Martin is currently enjoying unprecedented levels of success from an increasing number of markets around the world," the maker of specialist sports cars said in a statement.

Demand for current models has taken its Gaydon, Warwickshire, plant in the UK close to its 8,000-unit capacity.

The Rapide was launched as a concept at the Detroit show in 2006. Aston Martin said it considered a number of companies before selecting Magna Steyr. The company was chosen because of its experience in building luxury cars for the likes of Mercedes-Benz and BMW. Some of its most popular models include the X3 SUV and E-Class 4MATIC. Officials will now work on establishing a dedicated production line for the new Rapide at the Austrian plant.


CEO Ulrich Bez said: "I am confident that the partnership with Magna Steyr is a sound business proposition to ensure continued future stability and growth for Aston Martin. The dedicated Aston Martin Rapide Plant will have the ability to deliver the highest levels of quality similar to those which currently exist at our Gaydon production facility." 

 

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