Volkswagen ropes in Magna-Steyr to develop two models under US-bound EV brand Scout
The Volkswagen Group has paid €450 million to Magna-Steyr for this project
Europe's largest vehicle manufacturer Volkswagen has roped in Austria-based contract manufacturer Magna-Steyr to develop and produce two electric vehicle models to be positioned under its US-bound Scout brand, according to a news report published by the German publication Kleine Zeitung on Nov. 23.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
