Chrysler PowerFlite transmission Chrysler PowerFlite transmission PowerFlite is a two-speed automatic transmission engineered and produced by the Chrysler Corporation and used in their passenger cars from 1954 to 1961. Production began in late 1953; despite the launch of Chrysler's three-speed TorqueFlite automatic in 1956, the simple and durable PowerFlite remained available on Plymouths and Dodges through the 1961 model year, after which it was discontinued. Chrysler was the last of Detroit's Big Three automakers to introduce a fully automatic transmission, some 14 years after General Motors had introduced Oldsmobile's Hydramatic automatic transmission and nearly three years after Ford's Ford-O-Matic. Packard's Ultramatic debuted in
General Motors business in more than 140 countries. General Motors is divided into four business segments: "GM North America" (GMNA), "GM South America" (GMSA), "GM International Operations" (GMIO), and "GM Financial". The company also operates a mobility division called Maven, which operates car-sharing services in the United States, and is studying alternatives to individual vehicle ownership. GM Defense is General Motors' military defense division, catering for the needs of the military for advanced technology and propulsion systems for military vehicles. General Motors led global vehicle sales for 77 consecutive years from 1931 through 2007, longer than any other automaker, and in 2012