Magna Steyr to Build New BMW, Toyota Roadsters?

The new roadsters being jointly developed by BMW AG and Toyota Motor Corp. will be produced at Magna Steyr’s plant in Graz, Austria, reports Kleine Zeitung.

The Graz newspaper, which doesn’t cite its sources, says production of the BMW and Toyota variants will start in 2018 with a combined annual volume of 60,000 units. The carmakers declined to comment on the report.

Magna Steyr, a unit of Canada’s Magna International Inc., currently builds BMW’s Mini Paceman and Countryman small cars. But the Paceman is being discontinued, and Countryman production is moving to VDL Nedcar’s plant in the Netherlands, which already makes the Mini hatchback.

Magna Steyr also builds the Mercedes G-Class SUV at the Graz facility and will add an unspecified Jaguar Land Rover model next year. The contract manufacturer, which stopped building the Peugeot RCZ coupe last year, expects to produce more than 200,000 vehicles in 2018. That would nearly double its 2015 volume of 103,900 vehicles.