It seems that the 8-speed auto gearboxes that are becoming the norm in premium models and are even trickling down to more affordable cars are still not enough.
The New York Times reports that General Motors and Ford are expected to announce an agreement to jointly develop new automatic transmissions specially designed to reduce fuel consumption as early as in November.
According to sources from both carmakers, Ford and GM are already working on 8-, 9- and 10-speed automatic gearboxes for use in their passenger cars and light trucks.
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