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Chrysler to build new eight-speed transmission

Chrysler announced plans to invest $300 million to modernize two plants that will build its new fuel-efficient eight-speed transmission.

While Chrysler would not confirm in which vehicles the transmission will be used, the online chatter is that the new technology will be used in Chrysler's trucks and SRT vehicles. However, Chrysler spokesperson Nick Cappa commented that, "It can be used in a lot more vehicles than that."

Cappa would not say if the eight-speed will be used in any Fiat-branded vehicles.

Chrysler will license the technology from ZF, a German automotive parts manufacturer. The carmaker's facility … Read more