Ineos Automotive has announced an expansion of its partnership with Magna. Its subsidiary, Magna Powertrain, has been responsible for chassis and suspension development since the inception of the Grenadier project.  It will now be joined by Magna Steyr, which will undertake the series development phase of the Grenadier – a utilitarian four-wheel-drive vehicle in the tradition of the Land Rover Defender.

The confirmation of Magna Steyr’s appointment follows recent announcements of BMW Group as suppliers of their inline six-cylinder turbocharged petrol and diesel engines for the Grenadier, and its new manufacturing home in Bridgend, South Wales.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Dirk Heilmann, Chief Executive Officer of Ineos Automotive, confirmed: “The transition from concept to series development is a major landmark in the evolution of the Grenadier.  We are pleased to have Magna, with their long heritage and experience in 4×4 development, with us for the next stage of the journey. With our production plans recently confirmed, we now move into all-important series development and start to set our sights on the start of production.”

Frank Klein, President of Complete Vehicle Manufacturing & Engineering at Magna Steyr, said: “Magna is in a unique position with our complete vehicle knowledge. Because of our expertise, we can continue to support traditional automakers while also becoming the go-to supplier for new players entering the space. We are excited to help Ineos Automotive bring the Grenadier to reality.”

See also: New automaker gives manufacturing boost to Wales

See Also:

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.