In 2011, the Volkswagen Group ranked second on the list with 8.16 million units produced globally.
Their final offer of £340m was outbid by Volkswagen Group, who offered £430m.
Volkswagen Group has used magnesium in its engine components for many years.
Volkswagen Group now have a long-established 'knowledge base' from both forms of forced induction.
The engines used are the same as for many other cars in the Volkswagen Group.
"We wish in this way to ensure the independence of the Volkswagen Group."
It so happens that the Volkswagen Group is a living example of an innovative business culture.
Indeed the present state is, that the Volkswagen Group, currently has no plans to put this project back to work.
The decision to start production of the car was taken by the Volkswagen Group in 2001.
Volkswagen Group has long been the largest automaker in Europe.