Following the organizational change, TAP seeks to achieve even more efficient production, as a subsidiary of Aisin, leveraging its expertise and knowledge, which has world-leading technological capabilities and a diverse lineup of transmissions.

In the future, Aisin will consolidate part of their MT production currently handled by Aisin AI, to TAP, and invest approximately 1.2 Billion PHP to set-up an automatic transmission (‘AT') component production lines by utilizing TAP's 26 years of operation experience and technologies. Aisin seeks to step up efforts to further improve TAP's competitiveness in transmissions to further business expansion.

TAP has produced high quality MTs as one of Toyota's global MT supply bases. In 2008, TAP invested approximately 5.6 billion PHP to increase its production capacity and an additional 2.5 billion PHP in 2015 to start producing new 6-speed MTs, making a steady contribution to creating investment and employment opportunities in the Philippines, as well as expanding its business in the country. Through the organizational change, TAP is confident that it will offer better transmissions to customers and continuously make a positive contribution to the Philippine society and economy as the ‘best-in-town company'.

Toyota and Aisin will further strengthen their collaboration through the optimization of the powertrain production system and new product development. The Aisin Group aims to improve its competitiveness in the powertrain business.

END