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.

JATCOfs 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), JATCOfs 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 JATCOfs 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 JATCOfs business expansion.

Outline of JATCO México, S.A. de C.V.

Location Aguascalientes City, Aguascalientes State
iadjacent to Nissan Mexicanaj
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 -