DaimlerChrysler AG is investing $455 million to expand its Indiana Transmission Plant in Kokomo, IN, to produce a 5-speed automatic transmission developed by Mercedes-Benz. The move marks the first major component sharing between the Chrysler Group and Mercedes-Benz. The W5A580 rear-drive transmission has been used in the Mercedes C-, E-, S- and M-class since '95. In April 2001, it will go into the '02 Jeep Grand Cherokee built in Graz, Austria. The 600,000-sq.-ft. expansion in Indiana ...

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