Information has been buzzing that a new 8-speed automatic transmission is in the works for Chrysler Group LLC and it is time to get the low down on how this new addition could affect needs from suppliers, availability of parts, and the ability to comply with the new fuel economy rules recently adopted.

We spoke with Dan Knott, Senior Vice President, Purchasing and Supplier Quality, Chrysler Group LLC to find out his thoughts on the subject matter. When we asked Mr. Knott “What will be the challenges for suppliers to provide the parts and components to comply with the new fuel economy rules and produce the 8 speed automatic transmission?”, here's what he had to say...