Getrag

Getrag
Company typeCorporation
IndustryAutomotive industry
PredecessorGetriebe und Zahnradfabrik Hermann Hagenmeyer AG
FoundedLudwigsburg, Germany (1935), as Getriebe und Zahnradfabrik Hermann Hagenmeyer GmbH & Cie KG[1]
FounderHermann Hagenmeyer[1]
FateAcquired by Magna Powertrain and gradually integrated into the company
SuccessorMagna Powertrain
Headquarters,
Germany
Number of locations
24, in 11 countries across Europe, North America & Asia[2]
Area served
Worldwide[3]
Key people
Mihir Kotecha, CEO
Tobias Hagenmeyer, President
ProductsAutomobile transmissions
RevenueIncrease €3 billion (2011)[4]
Number of employees
Decrease 12,500 (2011)[4]
ParentMagna Powertrain
Websitegetrag.com (archive)

Getrag (German: [ɡəˈtʁaːk]), stylized as GETRAG,[a] was a major supplier of transmission systems for passenger cars and commercial vehicles. The company was founded on 1 May 1935, in Ludwigsburg, Germany, by Hermann Hagenmeyer;[1] as the Getriebe und Zahnradfabrik Hermann Hagenmeyer GmbH & Cie KG.[1]

Headquartered in Untergruppenbach, Baden-Württemberg, Germany, Getrag manufactured and developed passenger car transmission products and solutions for the important automotive markets Europe, Asia, and North America with 24 locations and about 12,500 employees worldwide. In 2011, the company had a turnover of three billion euro.[4]

The company had three joint ventures: Getrag Ford Transmissions[1] headquartered in Cologne with Ford Motor Company,[1] Getrag (Jiangxi) Transmission Co. Ltd. with Jiangling Motors Corporation., Ltd. and Dongfeng Getrag Transmission with Dongfeng Motor Corporation. In addition, Getrag supplied transmissions to a variety of automotive manufacturers, including BMW (Mini), Daimler AG, Ferrari, Mitsubishi, Porsche, Qoros, Renault, Volkswagen Group and Volvo. Competitors include Aisin, BorgWarner, Graziano and ZF.

The portfolio ranged from classic manual transmissions, automated manual transmissions, and automatic transmissions based on dual-clutch transmission (DCT) technology to various hybridization solutions, range extender systems, and purely electric drivetrains.

In July 2015, Getrag was acquired by Magna Powertrain for $1.9 billion and was gradually integrated into the company.[5]

  1. ^ a b c d e f "GETRAG Corporate Group – corporate history". Getrag Corporate Group. Getrag.de. Archived from the original on 31 January 2008. Retrieved 3 November 2009.
  2. ^ "GETRAG Corporate Group – Sites". Getrag Corporate Group. Getrag.de. Retrieved 9 January 2013.
  3. ^ "GETRAG Corporate Group – Global Presence". Getrag Corporate Group. Getrag.de. Retrieved 9 January 2013.
  4. ^ a b c "Facts and figures of the GETRAG Corporate Group" (PDF). Getrag Corporate Group. Getrag.de. Archived from the original (PDF) on 26 February 2013. Retrieved 9 January 2013.
  5. ^ Rocha, Euan (16 July 2015). "Canadian auto parts maker Magna to buy Germany's Getrag for $1.9 billion". Reuters. Retrieved 8 April 2016.


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Getrag

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