Ford takes full control of Halewood, Cologne transmission plants from Magna JV

On March 1, Ford announced that “The current European Getrag Ford Transmissions (GFT) joint venture between Ford and Magna has ended as of today, 1 March. Ford is now the sole owner of the transmission plants in Halewood, UK, and Cologne, Germany, while Magna has taken on sole ownership of the transmission plant in B....

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