The Hondamatic was nothing more than an exercise to skirt the patents owned by GM; most companies wanting to use an automatic had to pay GM a licensing fee, and Mr. Honda said no. So the Hondamatic is a proprietary transmission–the first step forward in making a true Honda-designed automatic.
https://www.hemmings.com/blog/article/saving-1000001-1967-honda-n600/
https://www.hemmings.com/blog/article/saving-1000001-1967-honda-n600/
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