Magna is undergoing quite the turnover of product, mostly at the hands of Chrysler and BMW.Chrysler has announced it is consolidating production of the Chrysler 300 at its Brampton, Ontario, Canada, plant, including roughly 27,000 right-hand-drive and diesel versions annually for international markets that currently are built, under contract, by Magna Steyr at its plant in Graz, Austria.
Chrysler is investing $500 million in Brampton to tool up to build European-market 300s in Canada starting in 2010.
The automaker is investing another $1.2 billion in Brampton in preparation for LY, which is the next-generation of the LX family of rear-drive cars: the 300, Dodge Magnum and Charger, and the Dodge Challenger (LC) that is coming in 2008.
Dropped from the lineup is the Chrysler Imperial luxury sedan that was to slot in at the top of the lineup, but the program has been cancelled because of concerns about fuel economy. Members of the Canadian Auto Workers union had voted to accept concessions to get the Imperial work in Brampton, but suspicions were raised when confirmation of the sedan kept being delayed.
Source : www.caranddriver.com
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