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Canadian auto parts giant Magna to buy Getrag transmission group for $2.5B
2015-07-16 15:32:01| Automakers - Topix.net
Ontario-based auto parts maker Magna International says it will pay 1.75 billion euros for Getrag, which has about 13,500 employees and operations in nine countries in Europe, Asia and North America. Magna International Inc. has an agreement to pay about $2.5 billion Cdn to buy the Getrag Group, a German supplier of automotive transmissions for companies such as Ford, BMW, Daimler, Renault, and Volvo.
Getrag begins production of 7DCT300 dual-clutch transmission; hybrid versions in 2016
2015-02-13 15:55:29| Green Car Congress
Tags: production
versions
transmission
begins
Getrag and Dongfeng begin construction of new DCT plant in China
2013-10-23 16:30:18| Green Car Congress
Tags: china
construction
begin
plant
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