A transmission assembly includes a shift drum operable to rotate in first and second directions. The shift drum includes a common speed change position, where both a fastest forward gear and a reverse gear are capable of becoming engaged, in such a manner that a reverse stopper arm fits at a first end of a reverse cam groove formed on the shift drum. When the shift drum is rotated in the second rotation direction, opposite to the first direction, from a state where the reverse gear is engaged, the reverse stopper arm surmounts the outer periphery of the shift drum from the first end of the reverse cam groove, without requiring the application of an external force thereto, so as to become detached and to move towards a second end of the reverse cam groove.