GETRAG Business Report FY ended Dec. 31, 2009 - 2010

Business Highlights

Recent Years

Restructuring

<Getrag Group Transmissions>
-In Mar. 2010, German-based Getrag Getriebe-und Zahnradfabrik Hermann Hagenmeyer GmbH & Cie KG, part of Getrag Group Transmissions, announced its plan to implement restructuring measures as economic climate in the European auto industry continues to be weak. Under the plan, production at the Ludwigsburg facility will be closed no later than the end of 2011. Restructuring will also be conducted at other plants in Neuenstein and Bad Windsheim as well as in Untergruppenbach where its corporate headquarters and development center are located. In total a reduction of 698 jobs might be necessary within the next two and a half years. (From a press release on March 9, 2010)

Contracts

Supply contracts released in 2010
-Transmission for Daimler's smart for two electric drive. From 2012 on, the vehicle is planned to be produced in quantities as part of the smart-range and is to be marketed in Europe and North America.
-PowerShift dual clutch transmissions for the BMW Z4 and the BMW135i Coupe and Convertible.
-eTWIN drivetrain to German-based Ruf Automobile for its Greenster - a conversion of Porsche 911 into an electric vehicle.
-Electric drive units called 1eDT240 for the electric version of Volvo C30. In 2011, Volvo will start low-scale production of the electric C30 test fleet.
-Powershift 7DCL750 transmission for the new Ferrari 458 Italia. Getrag's eLSD, electronically controlled limited slip differential is integrated into the dual clutch transmission.
-New dual clutch transmission PowerShift 6DCT250 for the Renault Megane and the Renault Scenic. The 6DCT250 transmissions manufactured at the Modugno plant, Italy. (Launched in 2010)
-New dual clutch transmission PowerShift 6DCT250 for the Ford Fiesta. The transmissions will be assembled at the facility in Irapuato, Mexico. (Launched in 2010)