In his speech to Chrysler dealers at the 2010 Chrysler Group International Dealer Announcement Show earlier this week, CEO Sergio Marchionne said that the company will roll out 8- and 9-speed transmissions beginning in mid-2011.
You and the market have told us that we have uncompetitive power trains, especially at the transmission end. And so we will have eight-speed rear-wheel-drive transmissions in market by mid 2011 and to be followed by a nine-speed front-wheel-drive transmission. They are both all-wheel drive and hybrid capable.
These are leading-edge solutions to the mileage and emissions objectives we have set for ourselves. And I can assure you that there will be no other mass manufactures in the Nafta region, other than some snotty premium manufacturer out of Europe that will be able to match the offering.—Sergio Marchionne
(A hat-tip to Raymond!)