Geely and Aisin form automatic transmission joint venture

Geely Holding Group formed a joint venture with Aisin AW to manufacture and sell front-wheel drive 6-speed automatic transmissions. Total investment is $117 million, with Geely subsidiary Geely Luoyou holding 40% and Aisin AW 60%. Annual capacity is 400,000 units, with operations starting in 2020.

“The new entity will 'principally engage in the manufacture and sale of front-wheel drive 6-speed automatic transmissions and related parts and components.'”caixinglobal.com

• 1 source
• caixinglobal.comGeely Teams With Japan’s Aisin to Make Auto Transmissions - Caixin GlobalMo YelinApr 25, 2018

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