Magna CEO Gunther Apfalter confirmed the talks were underway and told the paper he trusted production of the vehicles would remain in Graz.
Another Austrian newspaper, Kurier, said Magna
was "thinking hard" about opening a new base in Central Europe, in part because of the talks with Daimler
conceded production costs were lower in Hungary than in Austria - per-hour labour costs in Hungary are about €9 compared to €24 in Austria - but he
wanted to keep the plant in Graz.