Austria is in high demand internationally as a business location for the automobile industry. Many international firms and investors leverage the development potential Austria offers with respect to automobile manufacturing.
The BMW engine plant in Steyr has been an integral part of the global BMW production network since 1979, and is the largest engine factory in the entire BMW Group with an annual output of more than one million units. At the same time, the plant also serves as the Group’s competence center for the development of all BMW diesel motors.
Magna Steyr is a subsidiary of the Canadian firm Magna International Inc, the world’s leading brand-independent engineering and production partner for automobile manufacturers, employing 7,000 people in Graz and its surroundings. About 140,000 automobiles leave the firm’s assembly lines each year under contract from BMW, Mercedes-Benz, Peugeot etc.
The development and production of utility vehicles in Steyr goes back about 100 years. MAN Truck & Bus Austria AG produces the entire light and medium-duty MAN truck series as well as close to half of the driver's cabins required by the MAN Group for all its truck types. The Steyr facility, embedded in the MAN development network, also carries out research and development work spanning all truck series and components. Experts from Steyr in the fields of R&D as well as project and cooperation management are also deployed to work on international group projects, whether in Russia, China, India or Brazil.
Robert Bosch AG, a German company, upgraded its facilities in Vienna, Linz and Hallein into international development competence centers for automotive engineering, employing a workforce of about 2,950 in Austria. The Bosch Group has bundled its proprietary development of injectors for modern diesel engines at its site in Linz.