April 20, 2004
GM and Ford join forces to build 6-speed automatic transmission
Detroit, Michigan – Ford and General Motors will spend U.S.$720 million in their plants to build a new 6-speed automatic transmission designed for front-wheel-drive and all-wheel-drive cars.
The transmission, first announced in October 2002, will be jointly designed, engineered and tested by the automakers. It will be built separately at GM’s Warren (Mich.) transmission plant and Ford’s Van Dyke (Sterling Heights, Mich.) and Sharonville (Ohio) transmission plants.
In a news release, the companies said working together will allow them to bring the transmission to market faster while cutting costs. Each company will be responsible for integrating the transmission into its own vehicles, and the powertrains will be distinct in feel and performance, said the release.