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Ford and Magna to dissolve Getrag Ford Transmissions joint venture · Endata

◂ Announcements

Aug 27, 2020CLOSUREBlanquefort, France; Cologne, Germany; Halewood, England, France

Ford and Magna to dissolve Getrag Ford Transmissions joint venture

Ford and Magna announced the dissolution of their joint venture Getrag Ford Transmissions (GFT), with production sites in Blanquefort, Cologne, and Halewood to be divided between the two companies. The announcement was made on August 27, 2020.

Status

Announced

Productsmanual transmissions

CompaniesFord Motor Company Magna International partner

Sectors#Automotive Components

“Ford et Magna « ont conjointement exprimé leur intention de dissoudre l'entreprise existante compte tenu de l'évolution du marché et de la demande de technologies de groupe motopropulseur »”lesaffaires.com

1 source
lesaffaires.comFord et Magna mettent fin à leur coentreprise GFT - Les AffairesAFPAug 28, 2020

Summarized from public sources; check the original articles before acting on it.

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