Yokohama, Japan – Nissan has acquired Aichi Machine Industry, which produces many of the company’s transmissions and other components. Aichi Machine becomes a wholly-owned subsidiary of Nissan through a share exchange transaction.

Nissan said that both it and Aichi are committed to joining forces within the Nissan group to expand business in emerging markets such as China, India, Russia, Brazil and Indonesia.

Aichi was established in 1949 and formed a technical tie-up agreement with Nissan in 1962. This was followed by a business tie-up in 1965, and in 2000, Aichi was introduced as a Nissan consolidated affiliate. The company serves as the mother plant for small-displacement gasoline engines for the Renault-Nissan Alliance, as well as the design and production base in Japan for these engines. It is also the production base for Nissan’s manual transmissions in Japan and is the only design and engineering base for manual transmissions in the Nissan group.

Aichi also manufactures the high-performance dual-clutch system in the Nissan GT-R, and a component called the reducer in the electric Nissan Leaf.

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