HISTORY PUNCH POWERTRAIN
1972 - 1974
‘DAF Produktie Sint-Truiden N.V.’ is formed as a subsidiary of DAF passenger vehicles. The company immediately makes history with its automatic gearbox Variomatic. The ‘clever gear stick’ was a continuous variable transmission system (CVT) for rear-wheel drive based on two rubber belts.
1975 - 1997
Volvo acquires DAF passenger vehicles. In the following years, Volvo builds a new CVT factory and the Swedish car manufacturer starts up the R&D Department. The first CVT transmissions with metal pushbelt for front-wheel drive roll off the line. Volvo, Fiat, Ford and MG-Rover equip various models with it. In the early 1990s the company is split off from Volvo.
1998 - 2005
ZF Getriebe takes over the CVT factory. BMW selects the CVT transmissions from Sint-Truiden (Belgium) for its first MINI. During the ZF period, the foundations were laid for the present-day - and further developed - quality processes and design methods with quality gates. The first steps are taken on the Chinese car market.
2006 - 2008
Acquisition of the CVT transmission activities by Punch International. Under the name Punch Powertrain, the reputation of our CVTs grows in China and they appear in cars of the South Korean brands Hyundai and Kia Motors. New technologies such as hybrid and electric powertrains are successfully further developed. In 2008, the first Chinese factory opens in Nanjing.
2009 - 2010
The Limburg investment company ‘LRM’, the regional investment company for Flanders ‘Gimv’ and ‘Capricorn Ventures’ become shareholders, thus strengthening Punch Powertrain’s future prospects.
2013 - 2015
After several years of working together, the Dutch-based Drive Train Innovations (DTI) is integrated into Punch Powertrain. This gives the company a site in Eindhoven, the R&D Department is significantly expanded, and IP undergoes substantial growth.
Meanwhile, Punch Powertrain delivers to most of the Chinese OEMs. Thanks to this success, the Chinese New Horizon becomes a shareholder.
Punch Powertrain develops into a brand-independent, stable and vigorously-growing international player in innovative powertrain technologies.