KOKOMO, IN – Chrysler Group begins initial production of its new 5-speed automatic rear-wheel-drive transmission at its new Indiana Transmission Plant II (ITP II) here. The launch marks the culmination of a $455 million investment and 30 months of construction on the 600,000 sq.-ft. (55,742 sq.-m.) facility. The new facility, which marks a milestone in Chrysler’s plans to shift its large cars from front-wheel drive to rear-wheel drive, will begin producing the new transmission on a ...
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