GETRAG

Company Profile

■URL

http://www.getrag.com/

■Address

Hermann-Hagenmeyer-Strasse 1, 74199 Untergruppenbach, Germany

Business Overview

-The Company is a global leader in developing and manufacturing transmissions for passenger cars and light commercial vehicles.

-In January 2016, the Company was acquired by Magna International.

-The Company is organized into three major business units as follows:

  • GETRAG: The parent company of all of the Company’s business units. The Company’s respective sites in Germany, Mexico, U.S., Italy and Slovakia are grouped under GETRAG.
  • GETRAG Ford Transmissions (GFT): The joint venture with Ford Motor is headquartered in Cologne, Germany. Its six European sites produce manual transmissions and dual clutch transmissions. In China, the Company and GFT hold two thirds of GETRAG (Jiangxi) Transmission Co. Ltd., which is headquartered in Nanchang, China. One third is held by the Jiangling Motors Company Group, which brought three production sites to the joint venture. 5,000 employees produce one million transmissions a year for the Asian market.
  • GETRAG Asia Pacific (GAP): In 2012, the Company entered into a partnership in Asia with the second largest Chinese automobile manufacturer, Dongfeng Motor Group Co. Ltd. Together, they launched the Dongfeng GETRAG Transmission Co. Ltd. joint venture.

Shareholders

-The Company is a wholly owned subsidiary of Magna International.

Products

-Transverse, inline, and longitudinal manual transmissions
-Transverse, inline, and longitudinal dual-clutch transmissions
-Automated manual transmissions
-Hybrid manual transmissions
-Hybrid dual-clutch transmissions

History

1935 Company was founded as a production site for motorcycle transmissions and geared components.
2000 Formed a strategic partnership with DANA Corporation.
2001 Formed GETRAG FORD Transmissions GmbH as a joint venture with Ford of Europe.
2004 Formed GETRAG All Wheel Drive AB as a joint venture with Volvo and Dana.
2007 Formed GETRAG Transmission Co. Ltd. as joint venture with Jiangling Motors Company Group.
2011 Completed divestiture of Axle Business to GKN plc.
2013 Divestiture of Timing Gear Business.
Jan. 2016 The Company was acquired by Magna International.

Supplemental Information 1