October 10, 2011 Reporter learned that the US Dana Corporation with the German Bosch Group, a wholly owned subsidiary Rexroth has announced a joint venture, each holding 50%. The new joint venture was named Dana Rexroth Transmission Systems.
The joint venture company mainly develops, produces and sells the fluid dynamics variable transmission system (HVT) for the global off-road vehicle market, which can play a very important role in energy conservation, emission reduction and maneuverability of vehicles. Dana and Rexroth will jointly invest human and material resources in the joint venture company, which is headquartered in Italy.
Dana's technical director, George Constand, said that Dana has strong expertise in the development and production of drivetrains. Bosch Rexroth has extensive experience in fluid mechanics and control technology. Dana and Rexroth will be able to provide advanced and Unique driveline solution. Rexroth also stated that the combination of fluid mechanics and mechanics will promote the innovation of vehicle transmissions in the future. Only companies with both capabilities can meet the complex market demands. Dana and Bosch Rexroth have established a joint venture to achieve these two capabilities. The perfect combination.
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