You could use an SPA Technique dual temp guage and monitor them both at the same time without switching. You can specify what type of temp probes you want too. When you have the information you want you can put the probes in the transmission and rear end or whatever else you want to monitor too.
Get in touch with HVAC or Brandon for details on price and probes and such. I would guess it will be around $300 for everything you need with an SPA, but they are very accurate and responsive.
With a single digital gauge and switching between probes you will need 2 amps to run it, one for each sender. That will be pretty expensive too. An analog guage would probably be a lot cheaper, but I am not sure what is out there in analog gauges.