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Chrysler will invest $843 million into the Kokomo transmission plant to build a new automatic transmission for future front wheel drive vehicles, if the Kokomo City Council approves a tax abatement application. The company would also modernize the casting plant and both transmission plants; together, Chrysler employes around 2,200 people in the area. The new [...]
The Kokomo Common Council confirmed a five-year abatement on a $43 million investment in the Kokomo Transmission Plant and Casting Plant for increased production of the 62TE six-speed automatics, and a ten year tax abatement on a $300 million tooling for a proposed eight speed rear-wheel-drive automatic transmission. The 8-speed, destined for trucks and SRT [...]
The rumor mill has been buzzing for some time with word of an eight speed rear wheel drive automatic for commercial trucks and SRT8 cars, with a torque rating said to be over 800 pound-feet. The transmission uses three planetary gearsets, each of which is expensive. Some sources say it is a ZF design, while others [...]
With engineers working on substantial revisions to every Chrysler vehicle as well as replacements for the mid-sized and compact cars, engineering and testing time is tight at the CTC. For that reason, it was only a little surprising to hear that Chrysler is working on upgrades to the Mercedes W5A580 automatic transmission used since the [...]