News & Topics

Dec. 07, 2018

Details on the Setting up of a Joint Venture with GAC Motor

Regarding the setting up of a joint venture with Guangzhou Automobile Group Motor Co., Ltd. of the Guangzhou Automobile Group announced on April 25, Aisin AW has newly decided the underlined matters below.

Outline

1.  Company Name GAC Aisin AW Automatic Transmission Co., Ltd.
2. Location No. 633 East Jinshan Road, Panyu District, Guangzhou City, Guangdong Province
3. Establishment December, 2018 (to be determined)
4. Capital USD 117 million
5. Investment Ratio Aisin AW Co., Ltd. 60%
      Guangzhou Automobile Group Motor Co., Ltd. 40%
6. Representative President: Masashi Motoda 
      (Managing Officer, Deputy General Manager of Purchasing Division, Deputy General Manager of Production Management Division of Aisin AW Co., Ltd.)
7.  Business  Manufacturing and sales of 6-speed FWD automatic transmissions
8. Production Capacity 400,000 units annually
9. Production Start August 2020 (to be determined)

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