DETROIT – Ford Motor Co. and ZF Friedrichshafen AG will announce this week that the No.2 auto maker will resume full control of the Batavia, OH, transmission plant jointly owned by the two companies since 1999. Ford sold ZF a 51% stake in the front-wheel-drive transmission plant, while retaining the remaining 49%. The goal of the venture was to develop a continuously variable transmission to be produced at the plant, known as ZF Batavia LLC. Ford takes control of Batavia as ...
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