[AutoGuide.com]

As we first reported back in December, Hyundai is developing a 10-speed automatic transmission. Now details of when that new unit will be available have come to light, with the project expected to be completed by 2014. Hyundai president Park Seong Hyon says the new gearbox will likely be installed in the Genesis sedan and Equus.

Earlier this year, Hyundai had already introduced their new, in-house developed, 8-speed transmission. Mated to the 2012 Hyundai Genesis sedan's 333-hp and 291 lb-ft of torque 3.8 liter V-6, the transmission helps the car achieve 19/29 city/highway mpg. With the addition of two more cogs, it allows the engine to sit in its optimal rev range more often, improving fuel economy even further.

We are anxious to see what other automakers will do to answer Hyundai's momentum. Will a cog war be the new horsepower war?

More: Hyundai 10-Speed Transmission Planned for Genesis, Equus in 2014 on AutoGuide.com