New Venture Gear, now a division of Magna Powertrain, is an automobile and Light Truck transmission company that was started in 1990 as the first ever joint venture between any of the Big Three US automakers.General Motors and Chrysler Corporation were the participants. Operation and management of Chrysler's New Process Gear Syracuse, New York plant and GM's underutilized Muncie, Indiana Hydramatic transmission plant were shifted to New Venture Gear Company.
Read more about New Venture Gear: Founding Partner Plant Histories, New Venture Gear Transmissions and Transfer Cases, New Process Gear Transfer Cases, See Also
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