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June 07, 2006
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All four facilities were completed earlier this year and have been producing pilot parts since April. The co-location project between the three supplier partners and Chrysler Group in Toledo is a unique kind of vehicle manufacturing operation in North America and part of a $2.1 billion total program investment into Chrysler Group’s Toledo assembly operations. The supplier park represents one example of the Chrysler Group's overall flexible manufacturing strategy, which involves a number of actions that enable multiple products to be built on the same assembly line; the ability to react quickly to changing market demands; and alternative practices to traditional vehicle assembly. Magna, through Magna Steyr, is the automotive industry’s leading independent assembler of derivative, specialty and other vehicles for automotive manufacturers. Magna Steyr has operations in Europe, North America and Asia with headquarters in Graz (Austria). Within its existing partnership with the Chrysler Group, Magna Steyr builds the Chrysler 300C, Chrysler Town & Country, Jeep Grand Cherokee and Jeep Commander for international markets, including paint shop operations for these vehicles. (June 05, 2006)
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