The light commercial cargo vehicles to hit the market by early next year
Reflecting 14.4% EBITDA margin
Earnings after tax increases by 65% to €792 million
Located in Chennai One, part of one of the Chennai Special Economic Zones
Represents Magna’s first investment in a complete vehicle manufacturing facility outside Europe.
The upgraded version will be launched in early 2020
Display included 3009L Skyline Pro Staff AC Bus & 20.15R 12m bus chassis
Plant with 80 employees and an area of approx. 10,000 square meters
Manufactured at the company's Plant at Chennai
Oyster is designed and manufactured in-house