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How Magna Steyr balances customers ranging from BMW and Mercedes to Fisker and Sony

Magna Steyr President Frank Klein
"We are convinced that the future will be electric," Magna Steyr President Frank Klein said.
April 16, 2021 10:00 PM

Frank Klein spent the first 27 years of his automotive career at Daimler, where one of his professional highlights was setting up Mercedes-Benz's car factory in Hungary. The investment helped Mercedes to become a major player in the compact car segment. Two years ago, Klein joined Magna Steyr, the contract manufacturing arm of Magna International. He is president of the Austria-based company that produces cars such as the full-electric Jaguar I-Pace, the iconic Mercedes G-Class and will soon add the Fisker Ocean SUV. In addition, Magna Steyr is helping Sony to become an automaker. Klein spoke with Automotive News Europe Managing Editor Douglas A. Bolduc.

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