Complex sentence: New Venture Gear, now a division of Magna Powertrain, is an automobile and Light Truck transmission company 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.
Split into simpler sentences: New Venture Gear, now a division of Magna Powertrain, is an automobile and Light Truck transmission company. It 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.