Chrysler put $300M into the development and production of a new line of transmissions. This investment will lead to drastic improvements in fuel efficiency. If you’re a fan of technology, watch as Chrysler and Fiat just start to kill it with their combined efforts to be the leaders in new vehicle technologies.

Chrysler and Fiat are about to debut their first collaboration with the Jeep Grand Cherokee, and the suspense is hard to resist. This is going to be very revealing of just how much the combined assets of these great companies can bring to the market.

The market is hungry for great technology and Fiat has the talent for doing amazing things that it’s customers have appreciated for years, they just needed Chrysler to give them a platform to do it in the US.

These new transmissions are going to bring 25% better fuel economy, and if that isn’t awesome in it’s own right, what’s even cooler is that its being done with a transmission.

Transmissions are fascinating machines. All of their moving gears and parts are truly a miracle when you think about what they accomplish without you having to do anything except move the shifter into a single position. The rest happens without you ever really needing to know how, that’s a sign of great engineering.

With this investment in the development of a new transmission, Chrysler and Fiat will be pushing the envelope for other companies to try and produce this level of excellence in their products.

When you drive a Chrysler, just knowing it has this type of engineering behind it will bring a confidence in quality and technology that one would be proud to own.

Chrysler has reported a sales increase of 33% in May 2010 over the previous May 2009.

The sales figures reported 104,819 units sold in May 2010 in the United States, which is 33% over the previous year at 79,010 units for May 2009. Also, it was said that in comparison to April 2010 the sales improved by 10%, consecutive double digit months puts the company on track for a tremendous comeback.

Chrysler is showing significant signs of growth, and this is a good sign for not just Chrysler, but of the entire US economy. The Chrysler brand has managed to create tremendous progress while facing an uncertain future, and it’s starting to look very good for the company and it’s loyal customers who love to drive their cars and trucks.

One of the most notable events being the new 2011 Grand Cherokee which can lead to the product revival of Chrysler group and a bright future. In addition, one that is likely to get attention as a great strategic alliance, is the deal with Fiat that will be bringing Fiat technology to the US car market.

The company is anticipating a strong customer order for the new 2011 Grand Cherokee that will add to the company’s income. Some of the highlights of the sales comparisons are as follows:

• Dodge brand sales went up to 73% as compared to May 2009, which is from 24,456 units to 42, 242 units.
• Dodge grand caravan went up 66% as compared to May 2009, which is from 5,660 units to 9,393 units.
• Jeep compass sales went up in triple digits as compared to May 2009, which is from 936 units to 2,373 units.
• Jeep patriot sales went up 30% as compared to May2009, which is from 2, 347 units to 3,040 units.
• Chrysler brand sales shot up 29% in comparison to May 2009, which is from 15,987 units to 20,699 units.
• Chrysler Town and Country minivan sales went up 68% as compared to May 2009, which is from 7,972 units to 13,395 units.

Chrysler expects that they will maintain a similar result for June 2010, with a 0% financing up to 5 years and 1.9% financing for 6 years on most of the models in the year 2010 when financed through GMAC financial services.