Magna Worldwide is in talks to provide autos for Chinese language manufacturers in Europe as they broaden within the area.

The provider’s Magna Steyr contract manufacturing facility in Graz, Austria has some spare output capability, in response to Magna Europe President Uwe Geissinger.

“Whether or not we make them in Graz or a brand new facility will depend on how the talks end up,” he stated in an interview.

The Austrian-Canadian provider has been producing vehicles for the Chinese language marketplace for BAIC at a joint-venture facility within the Asian nation however will tread fastidiously in the case of future partnerships.

“We’re carefully learning the monetary standing of any new manufacturing accomplice,” Geissinger stated.

“Many Chinese language automakers we don’t count on to outlive — possibly one in ten will.”