Volkswagen Close to Agreement with Magna Steyr for Scout Brand
Volkswagen continues its efforts to launch its new brand, Scout, designed specifically for the American market. The Scout brand will cover Volkswagen's electric SUV and pick-up models. There has been no new information about the Scout brand for a long time. However, according to the latest news, Volkswagen is in negotiations with Austrian manufacturer Magna Steyr for the production of the Scout brand.
Why Will Scout Brand Be Produced with Magna Steyr?
It is claimed that Volkswagen is close to an agreement with Magna Steyr for the production of the Scout brand. According to the news of Austria's Kleine Zeitung newspaper, Volkswagen preferred Magna Steyr facilities for the production of the Scout brand. Behind Volkswagen's decision lies Magna Steyr's experience and quality in electric vehicle production. Magna Steyr had previously produced prestigious models such as Mercedes-Benz G-Class, Toyota Supra, BMW Z4, Jaguar E-Pace and I-Pace.
How Much Will Be Invested for the Scout Brand?
If Volkswagen reaches an agreement with Magna Steyr for the production of the Scout brand, a large investment will be made in Austria. According to allegations, an investment of approximately 450 million euros will be made in Magna Steyr facilities. This investment will be the largest in the history of Magna Steyr. In addition, thanks to this investment, both the production of the Scout brand's electric SUV and pick-up models and research and development projects will be carried out at Magna Steyr facilities.
What is the Scout Brand? Zammoment to be introduced?
What is the Volkswagen Scout brand? zamIt is not yet clear when it will be introduced. However, it is said that Volkswagen plans to introduce the Scout brand to the American market in 2024. The Scout brand aims to increase Volkswagen's share in the electric vehicle market in America. The Scout brand will be built on Volkswagen's existing electric vehicle platform MEB. It is estimated that the first models of the Scout brand will be similar to Volkswagen ID.4 and ID.5 models.