General Motors and Ford next month are expected to announce an agreement that will pave the way for the automakers to jointly develop new automatic transmissions designed for improved fuel economy.
The deal will enable G.M. and Ford engineers to study and possibly share a variety of future transmission designs, with an eye toward a manufacturing alliance, according to sources at both companies who declined to be identified because they were not authorized to speak about future product plans. The automakers are known to have 8-, 9-, and 10-speed automatic transmissions in development for front- and rear-wheel-drive cars and light trucks. Read Article