characters or symbols representing the various gearshift positions of the automatic transmission for example p represents parking range n represents neutral range and r represents reverse drive a pointer or arm 11 is adapted to be moved with rotation of the driven pulley 6 to a different position relative to the panel 10 thereby to indicate the gearshift position of the lever 4 and the operating range of the automatic transmission established thereby a gearshift range indicating system of the type described will however not be capable of application to a system wherein the position of the driving pulley is variable relative to the position of the driven pulley except for the relative rotation therebetween for example in the structure described a coupling is provided below the steering shaft 1 so that it becomes impossible to position the lower end of the control shaft 3 obliquely above the steering shaft 1 with the result that for avoiding interference of the control shaft 3 with the coupling the lower end of the control shaft 3 must be positioned above the steering shaft 1 in addition an instrument panel mounting a speedometer and the like is positioned above the upper end of the steering shaft 1 so that the upper end of the control shaft 3 should be positioned obliquely below.