Magna Steyr to build Nissan Infiniti car: report

Sun Dec 18, 2011 2:45pm EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

PARIS (Reuters) - Canadian-Austrian auto supplier Magna Steyr is set to build an entry-level car for Japanese automaker Nissan's (7201.T: Quote) Infiniti premium brand based on Daimler's (DAIGn.DE: Quote) Mercedes A-class cars, Automotive News reported on its website on Sunday, citing several sources close to the companies.

Daimler will supply several pre-assembled parts to Infiniti, the sources said, in a move that shows a deepening of the German automaker's partnership with the Renault-Nissan alliance.

Magna Steyr and Nissan are expected to finalize a contract for production at Magna's factory in Graz, Austria, in early 2012, Automotive News said.

No one at Daimler, Magna Steyr and Nissan was immediately available for comment.

(Reporting by Elena Berton)