[trans-ak-suhl, tranz-]
a unit combining the transmission and differential of a motor vehicle and connected directly to the axles of the driving wheels.

1955–60; trans(mission) + axle Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
transaxle (trænzˈæksəl)
a unit in a motor vehicle engine that combines the differential, transmission, and drive axle

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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Word Origin & History

1958, from trans(mission) + axle.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
The vehicle was fairly solid and complete, minus the engine and transaxle.
The yard tractor's transaxle can experience intermittent drive failure, posing a risk of reduced or lost braking ability.
It's a transaxle mounted at the rear and connected to the engine via a torque tube.
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