BMW and Magna are talking to build a larger version of the Mini models. The new model will be called Mini Colorado and will be build in 65.000 units a year.

"As a Tier 1 automotive supplier, we are constantly engaged in confidential discussions with (original equipment manufacturers) regarding potential future business," Tracy Fuerst, a spokeswoman for Aurora, Ontario-based Magna told Reuters.

In May, BMW reported that the company will pull of the production of the X3 from the Steyr plant and transfer it to its own plant in South Carolina. "So their assembly facility in Graz, Austria, would be significantly under-utilized and obviously these new programs would help a lot in filling that production hole," Tyerman said.

Source: Reuters

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