Magna has received a contract of vehicle manufacturing Jaguar E-PACE compact SUV. This vehicle will be built by Magna at its contract vehicle manufacturing facility in Graz, Austria. E-PACE production is expected to begin in the fourth quarter of 2017. It is the second model Magna will contract manufacture for Jaguar, joining the Jaguar I-PACE.

"We are proud to expand our partnership with Jaguar Land Rover and contribute to their new E-PACE compact SUV," said Günther Apfalter, President of Magna Europe and Magna Steyr. "This second collaboration in just a short time emphasizes the agility and flexibility we provide automakers with our contract manufacturing capability."

Including the Jaguar E-PACE, Magna will be manufacturing five different models by the first quarter of 2018. The others are Jaguar I-PACE, BMW 5 Series, BMW 530e plug-in hybrid, and Mercedes-Benz G-Class.

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