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40% of Nissan Cars to have CVT by 2008

DETROIT -- Nissan Motor Co. is gearing up to put continuously variable transmissions into four out of every 10 vehicles it sells in the United States by 2008.
That will represent at least 400,000 cars and trucks. Worldwide, Nissan wants to sell 1 million CVT-equipped vehicles by the same period, up from about 300,000 last year.

To prepare for the technology push, Japanese transmission maker Jatco Ltd. is spending more than $300 million to build a CVT factory in Aguascalientes, Mexico. Nissan owns 82 percent of Jatco.
 
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