though the news is a bit old but posting it now since there was no such thread on PW.. notify if its a repost.
Geely were announced today as the successful buyer of Drivetrain Systems International. For those not familiar with DSI, they are one of the worlds largest gearbox manufacturers, and already produce six speed automatic gearboxes for use in RWD, and AWD vehicles for Ford, Chrysler, and Ssangyong. According to media reports, DSI are researching 8 speed transmissions, as well as CVT and double clutch technology. In February 2009, DSI entered bankrupty protection, and as a result Ford of Australia where affected by the slow down in production of gearboxes. The plan for DSI now is to expand their international operations, and further enter the Chinese marketplace as a supplier to other Chinese manufacturers other than Geely.
Geely’s purchase of DSI will no doubt give them a fantastic lead over their domestic competition, and will lift them further on the international stage, especially when coupled to their upcoming 2009/2010 models.
Geely buys Drivetrain Systems International | China Car Times
