Aisin Seiki to Work with GM to Make Less Expensive Transmissions

09/05/96

Kyodo has reported that Aisin Seiki signed a memorandum with U.S. automaker General Motors about working to cut production costs of automatic transmissions for commercial vehicles. The Toyota-affiliated auto parts maker said it will begin to produce the automatic transmissions that GM's Allison Transmission Division currently makes for large-size buses. Sales of the transmissions are targeted at Japanese truck makers. Aisin said it will also supply other products that currently come from GM's Allison division, starting in 1998.

Paul Dever -- The Auto Channel