This paper gives the dynamic analysis of a hydromechanical transmission (HMT) drive train with regeneration and independent wheel torque control of a hydraulic hybrid passenger vehicle. From this analysis, we formulate the HMT control system, which is made up of high, mid and low-level control systems. The high-level consists of a state of charge management and the mid-level translates the storage requirement specified by the high-level into desired internal speed and gear ratio to be executed by the low-level. In this paper we focus on the low-level control analysis and design, where the actuation authority to regulate the internal speed variable comes from either the engine (mode 1) or the hydraulic system (mode 2). Experimental studies show good tracking performance of the proposed control systems and enable our vehicle system to be driven in the proposed HMT architecture.