TOKYO — Mitsubishi Motors Corp. and Nissan Motor Co. Ltd. move to merge their transmission units. Both have been going through financial restructuring and have been striving to cut development costs. Mitsubishi reportedly plans to spin off its transmission division and merge with Jatco TransTechnology, currently wholly owned by Nissan. The merged company under the proposed deal will develop automatic transmissions. It also is eying possible joint development of continuously variable ...

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