Shimano, bicycle gearmaker to the stars, has made a three-speed automatic transmission for those who don't take biking quite so seriously. Shimano Coasting Components make a bike smart enough to shift its own gears, giving you a riding experience that doesn't require any attention or input.

Shimano is licensing the technology to bike makers such as Trek, Giant and Raleigh; pricing wasn't announced yet. – Charlie White

Shimano aims for an easy urban ride [Slash Gear]