Marchionne Squeezes Mileage for Chrysler With Nine Speeds

by Craig Trudell
Bloomberg News
July 26, 2012

Chrysler Group LLC’s biggest U.S. investment in the year following its June 2009 bankruptcy exit is about to show up under more of its hoods: transmissions with additional gears to improve performance and boost fuel economy…

The eight- and nine-speed transmissions will help Chrysler meet stricter standards aimed at curbing emissions and raising efficiency. President Barack Obama has proposed U.S. rules requiring automakers to double their corporate average fuel economy, known as CAFE, to 54.5 miles per gallon by 2025.

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