A multispeed automatic transmission for automobile vehicles having parallel input shaft output shaft includes two parallel gearsets and of constant-mesh gearwheels providing two fixed speed ratios. The second speed ratio is higher than the first speed ratio and in same direction. A first power path using the first fixed speed ratio includes a first control clutch and a second control clutch, and a second power path using the second fixed speed ratio includes a third control clutch. Further, the transmission includes a double planetary gearset, a first control brake and a second control brake. Alternatively, the input shaft and output shaft are in alignment and one of the two speed ratios is a direct drive. The transmission features six forward speeds, a braked neutral and a reverse drive.