GETRAK: Sales in 2011 will hit record highs

The German company Getrag Group expects that the company's sales will reach 3 billion euros (about 3.92 billion U.S. dollars) in 2011, a record high.

Getrag said that from the current data, the company's manual transmission and dual clutch transmission business growth is strong. In the next five years, GETRAK will continue to invest in various regional markets including Europe, Asia and North America. Develops transmission technology.

Getrak believes that the Chinese market is one of its very important markets. Getrak expects its transmission capacity in China will reach 900,000 units in 2012, sales will reach 400 million euros (about 520 million US dollars), production capacity will reach 1.9 million units in 2015, sales will reach 1 billion Euro (about 1.3 billion U.S. dollars).