PARIS -- Transmission supplier Punch Powertrain has named Gaspar Gascon, the former head of engineering at Renault, as its chief technology officer.
Gascon, 55, will report to CEO Jorge Solis at Punch, which is based in Belgium and is a leader in continuously variable transmissions (CVTs).
Gascon was Renault's executive vice president, global product engineering from 2014 until this year, when he was replaced by Gilles le Borgne, a former PSA Group executive.
Gascon joined Renault in 1990 and held executive positions in engineering and powertrain development, including serving as vice president and project director for diesel engines from 2005-11. In 2011 he was named vice president for powertrain projects, strategy and partnerships.
Punch, which was originally a subsidiary of the automaker DAF and was later taken over by Volvo Cars and then ZF Friedrichshafen, primarily supplies CVTs to Asian customers, but it recently entered into a a joint-venture agreement with PSA Group to produce electrified dual-clutch transmissions for 48-volt mild hybrid vehicles.
Punch is now owned by the Yinyi Group, which acquired the company in 2016.
Punch's main factories in Nanjing, China, and Sint-Truiden, Belgium, together produce more than 1 million transmissions annually.