Magna and Dana watch for opportunities in niche markets.(Magna International Inc., Dana Corp.)(Brief Article)

US Magna International Inc. and the Dana Corp are currently watching from the wings for opportunities with smaller chassis or complete car-assembling facilities in the US. This situation has arisen because niche companies like the Cunningham Motor Co. are expected to spring up in North America during the next few years developing low-volume, expensive vehicles.

Magna, which is headquartered near Toronto, Canada, already has facilities in Europe and the United States undertaking complete chassis module and body-in-white production work for customers, and Dana, of Toledo, Ohio, builds chassis …