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    ZF and Chrysler Reach Agreement for new 8-Speed Automatic Transmissions
        Chrysler Group LLC becomes new customer for ZF 8-speed automatic transmissions
    Additional license agreement enables Chrysler Group to produce 8-speed transmissions
    ZF to build new North American transmission plant by 2013

    Friedrichshafen. ZF and Chrysler Group LLC have reached a supply and license agreement for ZF''s 8HP 8-speed automatic transmission. Chrysler Group is licensed to produce the 8HP at the company¡¯s Indiana Transmission Plant I and the Kokomo casting plant, starting in 2013.

    Chrysler Group LLC will initially receive the 8HP 8-speed automatic transmissions from the ZF Getriebe GmbH plant in Saarbr¨¹cken, Germany. By 2013, in parallel with Chrysler Group, ZF is setting up a new transmission production plant in North America, where the 8-speed transmissions will be produced.

    "As the U.S. auto industry continues its rebound, we see considerable growth opportunities within it ¨C especially for next-generation vehicles, such as those at Chrysler Group that will use the 8HP 8-speed automatic," says Hans-Georg Härter, ZF''s President and CEO. "America is the birthplace of the automotive automatic transmission and we feel it is important for ZF to participate in the business here with a dedicated manufacturing facility. We are excited to begin this venture."

    "The American market remains as mobile as ever, so the importance of environmentally friendly, fuel-saving technology has never been more important," says Dr. Gerhard Wagner, Group Executive of ZF''s Car Driveline Division. "ZF is a leader and innovator in fuel-saving transmission technology and our 8HP 8-speed automatic offers efficiency without sacrifice."

    This news is republished from internet.

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