The modern JATCO was formed after Nissan spun off its AT/CVT (automatic transmission/continuously variable transmission) development divisions and its Fuji manufacturing plant into a company called TransTechnology, Ltd in June 1999. TransTechnology Ltd. and JATCO Corp., both affiliates of Nissan, agreed to merge in October 1999 to become JATCO TransTechnology Ltd. JATCO was established in 1970 to manufacture automatic transmissions.
In October 2001, as part of its restructuring, Mitsubishi Motors agreed to merge its transmission division with Nissan's transmission subsidiary Jatco TransTechnology Ltd. The combined company settled on JATCO Ltd. in April, 2002. Nissan and Mitsubishi equity holdings in JATCO after the share exchange stand at 82% and 18% respectively.
When it was still the transmission manufacturing division of Nissan, it partnered with Mazda, and thus Jatco, had long been supplying Nissan, Mazda, Subaru, Isuzu, Suzuki, BMW, Volkswagen, MG Rover Group and Land Rover. However, once it was independent, Jatco quickly began supplying other automakers:
- December 1999 — Hyundai Motor Company
- January 2001 — Jaguar Cars
- December 2001 — London Taxis International
- January 2002 — Ford Europe
- April 2002 — Renault Samsung Motors
- April 2002 — Ford Lio Ho
- April 2004 — Changan Ford
- December 2005 — DaimlerChrysler U.S.A.
- October 2006 - Renault
Today, JATCO become one of the biggest supplier of CVT, and products from nearly every auto maker have used Jatco transmissions, with the notable exceptions of Honda Motor Company, who makes their own transmissions, and Toyota Motor Company, who has always used transmissions made by Aisin, a subsidiary of Toyota. GM continues to produce a majority of its transmissions through GM Powertrain an outgrowth of Hydramatic.
- "Agreement Reached for Merger Between TransTechnology and JATCO, Affiliates of Nissan Motor Co., Ltd." (Press release). Nissan Motor (Japan). Aug 3, 1999.
- "MMC to Spin off AT and CVT Operations into New Company. Integrate Operations with JATCO TransTechnology" (Press release). Mitsubishi Motors. Oct 4 2011.
- Mitsubishi, Nissan To Merge Transmission Businesses Autoparts Report Oct 8 2001
- "100 Cool Things". Automotive News. Apr 16, 2007.
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