Former DaimlerChrysler and Volkswagen group board member Wolfgang Bernhard has a new job. For the past few weeks, Bernhard has been working as an advisor to Magna International, the company confirmed to Automotive News Europe sister publication Automobilwoche.
The company would not say whether Bernhard would be offered a full-time position with the supplier.
The 48-year-old executive's main focus is on Magna International's business in Russia, the company said.
Magna International will spend 3 billion rubles (about 72.5 million euros) to build a factory in St. Petersburg, Russia, by 2011. Construction of the Magna plant for pressed car parts will begin in 2009 and is to be completed by the end of 2010. The company also plans to build a factory for the production of plastic parts for Hyundais and Fords nearby plants.
Magna International ranks No. 3 on the Automotive News Europe list of the top 100 global suppliers with worldwide original-equipment automotive parts sales of $25.6 billion in 2007. Only Robert Bosch and Denso are bigger.