DETROIT - Drive Tek, the newly named joint venture between Dana Corp. and Germany's GKN Automotive AG, hopes to provide automakers with one-stop drivetrain shopping.
The subsidiary was announced last June but formally unveiled at the SAE 2000 World Congress here. It plans to take over all drivetrain system development and integration business from its two parent suppliers. The venture currently has 20 employees with offices in Auburn Hills, Michigan, USA, and Lohmar, Germany.
The growing number of sport-utilities and other all-wheel-drive vehicles in development should provide Drive Tek with a steady flow of work, said Tom Chambers, GKN Automotive Inc.'s managing director of operations for the Americas, based in Auburn Hills.
'We see a lot of niche vehicles in the pipeline,' Chambers said. 'We want to work with the customer to provide options, and we need to be sitting next to him when he makes decisions.'
Drive Tek will bundle system engineering and program management services with Dana and GKN's core axle, driveshaft, half-shaft, and torque-management components. Revenue from the services will be split equally between among Dana and GKN, while each company keeps money made off of its own component contributions to the systems.