Ford and General Motors shakes hand to design and develop a completely new pair of new automatic transmissions. The reason behind this decision is to counter the increasing competition to offer highly efficient automatic transmissions. We last seen Land Rover showcased its 9-speed transmission, which was jointly developed with ZF and so did Jeep with its 2014 Grand Cherokee. Now, Ford and GM in conjunction ready to develop the 9 or 10 speed automatic transmissions, in a fastest and a cost effective way. Media reports suggest that, the two auto-giants have already started the work on new 9- and 10-speed transmissions, which would be used in their future vehicles.