USA: Dana Corporation given permission to purchase Getrag
THE EUROPEAN Commission has given the go-ahead to the purchase of a joint controlling interest in the German car components company GETRAG by the American industrial components group Dana Corporation The companies all manufacture transmissions and other components for the European car market but the Commission said their activities were complementary and further noted that "the automotive industry manufactures a high share of transmissions for passenger cars in house."
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable