Found on the net:
The primary difference between the new ATF lubricants and their predecessors is their viscosity. The new fluids are lower viscosity; their kinematic viscosity is typically on the order of 6 centiStoke (cSt) at 100 degrees C, while the older fluids are in the range of 7.0 to 7.5 cSt (heavier) at 100 degrees C. The lower viscosity helps improve low temperature performance and reduces friction for potential improvements in fuel economy
. The additive mix in the newest fluids also offers improved oxidation stability, shear stability and friction durability to provide more consistent shift performance over the life of the fluid.
What does this mean for collector car owners?
The good news is that all the new ATF lubricants are backward compatible. That is, Dexron-IV can be used in all GM transmissions back to the beginning. The same is true for Chrysler’s ATF+4 for all prior Chrysler transmissions unless Dexron was specified, and Mercon V for Ford transmissions. The only exception is the 1961 to ’81 Ford transmissions that require Type F fluid.