INEOS AUTOMOTIVE ANNOUNCES ENGINEERING PARTNER FOR SERIES DEVELOPMENT OF THE GRENADIER
Magna to undertake series development of the new utilitarian 4x4
INEOS Automotive announces an expansion of its partnership with global mobility technology company, Magna. Its subsidiary, Magna Powertrain, was responsible for chassis and suspension development since the inception of the project. It will now be joined by Magna Steyr, which will undertake the series development phase of the forthcoming Grenadier.
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 4X4 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.”
Note. In the accompanying image, the individuals pictured are: Left front, Dirk Heilmann, INEOS Automotive, CEO. Right front, Helmut Gasser, Magna Steyr, Vice President. Left back, Hans-Peter Pessler, Magna Steyr, Project Leader for INEOS Automotive. Right back, Vadim Ustinov, Magna Steyr, Sales. Car pictured is a Steyr-Daimler-Puch Pinzgauer 4X4, developed by Magna Steyr since 1969, and pictured on the Schöckl mountain of Graz, Austria