All my FWD GM vehicles use chain drives in their transmissions. My 1984 Olds Ciera lasted with me 26 years with only the torque converter failure after 22 years of use. The chain drive never failed. My present 21 year old Buick Regal (in my signature) still has the original 3.8 L V6 engine and the 4T60-E transmission with no failures or repairs. Obviously the schedule preventive maintenance must be followed.
GM invented and makes the world's best automatic transmissions. Even Rolls-Royce used them and presently has a license from GM to copy them. Most failures are cause by abusive drivers, not by normal use, as I have proven with my two older GM vehicles. My newer 2009 Equinox has an automatic transmission made by Aisin in Japan (a Toyota company), so if Toyota and other Japanese companies use and trust them, my Equinox should last many more miles and years.
The new 5ET50 EDU for the 2016 Volt is a great technological achievement, since it integrates two electric motors, two clutches (one is for the ICE), planetary gears, output differential, and controller in a small compact package, such that it will be replacing almost all the automatic transmissions in future GM vehicles, and the first example is the 2016 Chevy Malibu Hybrid. I expect to see it used in other 2017 models (except the Bolt EV which has its own advanced design), and upgraded for the trucks and large SUVs. The 2016 Cadillac CT6 PHEV will have the first RWD version of the Voltec drive unit.