Canadian supplier Magna is reportedly interested in acquiring Volvo and Land Rover.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more


According to a report in Auto Motor und Sport, the German consumer magazine, Magna is interested in taking over the plants that belong to the two brands. Magna wants to build models from other brands at the plants to help achieve full capacity utilisation.


Magna would not comment on the report. The company did take an interest in acquiring Chrysler before DaimlerChrysler agreed to sell it to the private equity firm, Cerberus.


Last month Ford confirmed that it had appointed investment banks Goldman Sachs, Morgan Stanley and HSBC to consider the future of its brands Jaguar and Land Rover. Since then, speculation has mounted that the US automaker will divest the rest of the Premier Automotive Group (PAG), of which Volvo is a part.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact