BMW to move some production of next-generation 5-Series to Magna Steyr

Magna Steyr will build between 50,000 and 70,000 of the next-generation 5-Series which is set to be launched next year.

BMW will allocate some production of the next-generation 5-Series at the Magna Steyr contract manufacturing plant in Graz Austria, according to an Automobil Produktion report, cited by Automotive News Europe (ANE). Previously Magna Steyr confirmed in 2014 that BMW had renewed its existing contract manufacturing agreement to build the Mini Countryman and Paceman at the plant, although production of these models is scheduled to finish at the end of the year. However, both Magna and BMW have yet to confirm exactly what model will be manufactured in Graz.