Magna Steyr engineers, develops and assembles automobiles for other companies on a contractual basis; therefore, Magna Steyr is not an automobile marque. In 2002, it absorbed Daimler AG's Eurostar vehicle assembly facility. The company's vehicle assembly capacity reached 200,000 vehicles a year. It is the largest contract manufacturer for automobiles worldwide,and has several manufacturing sites, with its main car production in Graz in Austria.