The first automatic transmission to use a torque converter (instead of a fluid coupling) was the Buick Dynaflow, which was introduced for the 1948 model year. In normal driving, the Dynaflow used only the top gear, relying on the torque multiplication of the torque convertor at lower speeds. The Dynaflow was followed by the Packard Ultramatic in mid-1949 and the Chevrolet Powerglide for the 1950 model year. Each of these transmissions had only two forward speeds, relying on the converter for additional torque multiplication. In the early 1950s, BorgWarner developed a series of three-speed torque converter automatics for car manufacturers such as American Motors, Ford and Studebaker. Chrysler was late in developing its own true automatic, introducing the two-speed torque converter PowerFlite in 1953, and the three-speed TorqueFlite in 1956. The latter was the first to utilize the Simpson compound planetary gearset.