Chrysler transmission plant

Chrysler is getting serious about its eight-speed transmission plans as evidenced by a new report by TheDetroitBureau.com saying that Auburn Hills plans to pull ahead its production schedule. It takes money to make things things like this happen, and Chrysler has announced it is investing $85 million into its Kokomo Transmission Plant in Indiana. That $85M will get added to a rather large pile of cash because Chrysler has already announced an investment amount of $843 million for its various Kokomo facilities.

The eight-speed was originally slated for production at Chrysler's Indiana Transmission Plant I, but the move to Kokomo allows ITPI to focus on a new front-wheel drive transmission.

[Source: The Detroit Bureau]