REPORT: Daimler and BMW decline U.S. transmission joint-venture

Filed under: Plants/Manufacturing, BMW, Mercedes-Benz

Daimler AG is one of a shrinking number of automakers that continues to build its own transmissions, but the parent of Mercedes-Benz is now looking to change that. The automaker has been holding talks with rival BMW about possible powertrain collaborations including transmissions. Mercedes already supplies the two-mode hybrid transmissions [...]