Print this page

August 17, 2005

Announcement:

JATCO will Supply Continuously Variable Transmissions to Chrysler Group

JATCO Ltd (JATCO, Headquartered in Fuji City, Shizuoka Prefecture, Japan, President & CEO:Shigeo Ishida, capitalization: 29.9353 billion yen), automatic and continuously variable transmissions (AT/ CVT) manufacturer, is pleased to announce that we will supply steel-belt CVTs (Continuously Variable Transmissions) for some Chrysler Group medium-sized front-wheel-drive vehicles.

JATCOfs CVT will be installed into the new Dodge Caliber.

The start of production of this CVT will take place this coming fall at JATCO México, S.A. de C.V. (President: Katsufumi Ito, Headquartered in Aguascalientes City, Aguascalientes State), JATCOfs first NAFTA subsidiary, that has been of preparing for CVT production since early 2004.

JATCO México, S.A. de C.V. will be an important manufacturing base in NAFTA for JATCOfs further growth and globalization. We are aiming for further expansion in our sales in NAFTA, the largest AT/ CVT market.

In addition, we are expecting that the Economic Partnership Agreement between Japan & the United Mexican States will further accelerate the economic exchanges between Japan & the United Mexican States and contribute to further JATCOfs business expansion.

Outline of JATCO México, S.A. de C.V.

Location Aguascalientes City, Aguascalientes State
iadjacent to Nissan Mexicanaj
Land Area Approx. 200,000‡u  (2,200,000 sq. ft.)
Total Floor Area Approx.  43,000‡u (473,000 sq. ft.)
Product Steel-belt CVT for medium-sized front-wheel-drive vehicles
No. of Employees Approx. 600 (at start of production)
Establishment April, 2003

JATCO is internationally acknowledged as a premier AT/ CVT supplier.  We have already produced more than 50 million ATs/ CVTs, and have been delivering them to Nissan and other car companies in Japan and abroad.  JATCO has been a trailblazer in the field of CVTs.  We began steel-belt CVT volume production for 2.0L class front-wheel-drive vehicles in 1997, and were the first manufacturer in the world producing 3.5L class CVTs for high-torque front-wheel-drive vehicles in 2002.  Moreover, we are the only supplier that offers a Full Line of front-wheel-drive CVTs; covering small vehicles, medium vehicles and large vehicles up to 3.5L.  

- end -