Magna May Build Infinity With Daimler Parts, Auto News Reports

Magna Steyr Fahrzeugtechnik may build an entry-level car for Nissan Motor Co. (7201)’s Infiniti premium brand using Daimler AG parts, Automotive News Europe reported, citing unidentified company officials.

Magna could build 60,000 cars a year at its plant in Graz, Austria, using pre-assembled parts including engines from Daimler’s Mercedes-Benz brand, the report said. Magna and Nissan are expected to finalize such a contract in early 2012, it said.

To contact the reporter on this story: Stefan Nicola in Berlin at snicola2@bloomberg.net

To contact the editor responsible for this story: Angela Cullen at acullen8@bloomberg.net

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