Steyr Motors starts Usa offensive: $ 15 million sealed!

Steyr Motors starts Usa offensive: $ 15 million sealed!

Steyr, Österreich - The Steyr Motors AG, a renowned Austrian special engine manufacturer, has made a decisive course for its growth in the USA with an impressive deal of $ 15 million. As reports Börse Express, the company secures an almost nationwide distribution structure in North America by agreement with the US sales partner Laborde Products Inc.

The contract that covers all US states, Puerto Rico, the US Virgin Islands and Bahamas is aimed at both civil and military applications. This not only harbors enormous potential for the future tenders of the US Navy, but also a strengthening of presence in competitive market segments.

strengthening the market presence

The new framework contract that runs by 2028 provides for a successive increase in sales and promises an immediate contribution contribution of around $ 2 million in the current year. With this, Steyr Motors wants to promote its desired growth of 40 percent by the end of 2025. According to [Steyr Motors] (https://ir.steyr-motors.com/2025/06/23/steyr-motors-forciert-wachstum-in-usa-abstach one framework contract/), the company strives to increase the EBIT margin and increase the production volume to at least 1,250 units.

The partnership with Laborde Products Inc., which has a lot of know-how in the field of maritime and industrial drive solutions, should enable faster market penetration and at the same time reduce the risk. Existing military delivery relationships, for example with Ribcraft for the Navy Seals, remain unaffected by the new contract.

market development in the automotive industry

Statista China currently sells well over a third of all cars worldwide and has the largest market share.

The United States, as the second largest production country, with a share of almost 13 percent, is also the focus of Steyr Motors' growth strategies. The concentration on environmentally friendly technologies and innovative solutions will be essential for manufacturers to remain competitive in this dynamic market.

Overall, Steyr Motors not only positions itself as an important player in the Austrian engine industry, but also as a capable partner in international business, especially in the US market. With the new framework contract and the desired growth, they aim to significantly expand their market share and set the course for a successful future.