Mexico accounts for 30% of Jatco’s global transmissions production
Jatco President and CEO Teruaki Nakatsuka remains optimistic about the NAFTA renegotiation outcome, noting that “if something happens, it will be U.S. customers who will suffer by having to pay more”, according to an interview by WardsAuto.
The Japanese manufacturer produced 5.5 million transmissions in 2016, of which 80% were CVTs (continuously variable transmission). Of total output, 2.6 million were made in Japan, 1.7 million in Mexico, 940,000 in China and 250,000 in Thailand.
The production facilities located in Aguascalientes account for 30% of Jatco’s global production. More than half of its Mexican output is shipped to assembly plants in the U.S., according to Nakatsuka.
You can see the whole interview here.