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Dongfeng, Getrag Form Transmission Venture

Germany's Getrag International GmbH has agreed to create a joint venture with Dongfeng Motor Group Co. in Wuhan, China, to supply transmissions for the Chinese automaker's cars and light commercial vehicles.

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Germany's Getrag International GmbH has agreed to create a joint venture with Dongfeng Motor Group Co. in Wuhan, China, to supply transmissions for the Chinese automaker's cars and light commercial vehicles.

The 50:50 venture, Dongfeng Getrag Transmission Co., plans to launch production in late 2015. The partners say their first product will be a fuel-efficient six-speed dual-clutch gearbox for city cars and compact vehicles in China.

Getrag already has three factories in China's southeastern province of Jiangxi, including a manual transmission plant, a parts facility and a transmission joint venture with Jiangling Motors Co.

Gardner Business Media - Strategic Business Solutions