#MagnaSteyr

Things looked promising for Fisker at first, and the automaker actually delivered on its promise to design and manufacture a new EV. Even so, the automotive market is brutal and unforgiving, and Fisker’s fortunes have turned as it has had an uphill battle getting its new Ocean SUV out the door. The company recently announced a layoff of 15 percent of its workforce and said it would pause investments until it could find a new partner.

It now appears that help could come from Nissan, who, according to Reuters, might be close to investing $400 million into the struggling EV maker.

As EVs slowly grow in prominence, new automakers have sprung up like spring flowers, but it’s not always clear if they’ll actually produce a vehicle. A quick look around the industry reveals a handful of once-exciting automakers that have since fizzled, but Henrik Fisker’s company isn’t one of them. Despite a long wait for its inaugural EV, Fisker has begun U.S. deliveries of the Ocean SUV, making it one of the few to make it through the gauntlet with a real product.

It’s been a long time coming. The Fisker Ocean is finally in production after a few years of “would-they, wouldn’t-they” speculation from an auto industry that is rightfully skeptical of upstart automakers – especially one with Henrik Fisker’s name on the hood.

After the prolonged teasing of both the new BMW Z4 and Toyota Supra, it’s nearly impossible to have any feelings left on the matter. We equate it to the rare sensation of desperately needing to urinate for an extended period before it mysteriously goes away. It’s impossible to know why or how that feeling left you, especially considering that’s now how things are supposed to work. But, inexplicable as it may be, it still happened.

That doesn’t mean you’re unrelieved when you finally make it to a bathroom. It just wasn’t the big event you were hoping for. The Z4 unveiling is a lot like that. We’re glad it’s finally here, but Bimmer’s returning roadster has been teased out, leaked, and speculated upon so much that it’s not that big of a deal anymore.

Alright, let’s see what BMW has for us.

While rumors that BMW’s upcoming Z4 roadster would begin production at Magna Steyr’s facility in Graz, Austria, for months, it wasn’t until late last week that the company was actually willing to confirm them. Unfortunately, the manufacturer hasn’t been willing to do the same with the Z4’s sibling car — the Toyota Supra.

Considering that the pair share a common platform and development team, it would make a lot of sense to see them occupying the same factory. But Toyota has remained incredibly tight lipped on the car, only offering us a singular taste by way of the Gazoo Racing concept from the Geneva Motor Show. Meanwhile, BMW has been parading the Z4 around endlessly and even went so far as to show productions test mules lightly camouflaged in self-released “spy shots.”

Supplier and sometimes-assembler Magna International will buy German transmission-maker Getrag for roughly $1.9 billion, the Detroit News is reporting.

The deal would firmly plant Canadian-based Magna International as the world’s second-largest parts supplier behind Robert Bosch GmbH and ahead of ZF, which recently purchased TRW Automotive for $12.4 billion earlier this year.

“The trend among the suppliers is that we now have to be bigger as the auto makers go to us to do more for them,” Magna Chief Executive Don Walker told the Wall Street Journal on Thursday.

Magna Steyr doesn’t build cars on its own, but the supplier always brings a concept to Geneva when it can, and the MILA Plus is no exception.

Digging further into the auto-parts game, Samsung SDI announced it would buy Magna International’s battery-pack business.

MINI Countryman cars being assembled at Magna Steyr’s Austrian facility.

The Kleine Zeitung newspaper reported on Thursday that the BMW Group will end contract production of Mini cars by Magna Steyr in 2016. Automotive News reports that the Austrian supplier currently builds the Mini Countryman and Mini Paceman. BMW will move production of the two models to BMW’s own Mini factory in Oxford, England, and to Mitsubishi’s former NedCar facility in the Netherlands, where the Dutch group VDL will start Mini production under contract later this year. Magna Steyr’s corporate parent, Magna International, said in a statement that its relationship with BMW will continue through a new vehicle manufacturing contract.