

| Subject: | Vanagon Syncro's soon to be made in CANADA!!! |
| From: | Tony Schiebel |
| Date: | Wed, 25 Mar 1998 16:29:06 -0700 |
Syncronauts... Well not really, but we Canadians now own the technology to make the darn things!!! You better be nice to us!!!! ;-) From the Globe and Mail News: VIENNA - Vienna bourse traders were so disappointed on Wednesday at the sale of Austrian car assembler Steyr-Daimler-Puch to Canadian car-parts maker Magna International that no-one was willing to trade at quoted prices for its shares. Magna paid four billion schillings ($440 million Cdn.) in cash on Tuesday to Austrian bank Creditanstalt for its 66.8 per cent stake in Steyr and its 50 per cent holding in the design and engineering unit Steyr-Daimler-Puch Fahrzeugtechnik (SFT). <<< SNIP >>> Steyr manufactures vehicles in Europe on behalf of Chrysler Corp of the U.S. It assembles the Jeep Grand Cherokee sport utility vehicles and is joint partner with Chrysler in Eurostar, which assembles about 50,000 Voyager minivans a year.<P> The Austrian firm also assembles Mercedes-Benz off-road vehicles as well as supplying complete all-wheel-drive systems for Chrysler's minivans and Mercedes' E-Class sedans. Cheers Tony Tony Schiebel - Senior Systems Consultant tschiebe@env.gov.ab.ca Year 2000 Project (403)427-9307
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