Wednesday 4 March 2009

Mercedes G-Class continues production until 2015

Contracts have been renewed for the continued production of Mercedes-Benz's G-Class at Magna Steyr's facilities in Graz, Austria until 2015. Currently producing the G-Class in 3, 5 door, convertible and all custom versions, the Magna International division in Graz has pushed out around 200,000 vehicles in its 30 years - satisfying consumers.

The renewal reinforces Daimler AG's commitment to and confidence in Magna, who developed Mercedes-Benz's 4MATIC technology and consequently assemble 4MATIC-equipped E-Class vehicles.

G-Class orders in the amount of 1,200 units from the Australian Army help Magna project itself as a long-term, reliable partner to its clients. Stability is however conveyed more clearly by a balance sheet totalling a net cash position of $1.5bn.

Thanking Daimler AG, Siegfried Wolf, Co-CEO of Magna International, stresses the importance of the news for the local automotive industry in the region of Styria, South Austria, at a time of job losses in the sector and congratulates his staff on their achievements.

To celebrate the G-Class' 30th anniversary, Mercedes recently launched two special editions of the off-roader called EDITION30 and EDITION30.PUR

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