Allison Transmission Holdings Inc (N:ALSN)

Business Focus: Heavy Machinery & Vehicles

Apr 18, 2024 08:30 am ET

Allison Transmission Delivers Cross-Drive Transmission to Turkish Armed Forces for Next Generation Tracked Defense Vehicle

INDIANAPOLIS, April 18, 2024 /PRNewswire/ -- Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, partnered with HST Otomotiv, Allison's licensed manufacturer in Türkiye, to deliver the Allison X1100-5A4 cross-drive transmission for integration into the Next Generation T-155 Firtina 155 mm Self-Propelled Howitzer for the Turkish Armed Forces. As part of the initial delivery, 10 transmissions have been successfully provided to Türkiye, with several already installed in the vehi

Apr 17, 2024 05:00 pm ET

Allison Transmission Expands Partnership with SANY to Provide Specialty Series™ Transmission for 500-Ton All-Terrain Crane

The longstanding partnership spans several construction and mining applications, including over 100 Allison-equipped all-terrain cranes in operation.

Apr 11, 2024 04:05 pm ET

Allison Transmission Schedules First Quarter 2024 Earnings Conference Call

INDIANAPOLIS, April 11, 2024 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its first quarter 2024 financial results conference call at 5:00 p.m. EDT on Thursday, April 25, 2024. David S. Graziosi, Chairman and Chief Executive Officer, and G. Frederick Bohley, Senior Vice President, Chief Financial Officer and Treasure

Mar 21, 2024 04:30 pm ET

Allison Transmission and Yutong Expand Presence in Rwanda

Allison Transmission and Yutong Bus Co., Ltd., a leading bus manufacturer in China, are steadfastly growing their presence in Rwanda. Over the past decade, the companies have collaborated to export transit buses equipped with Allison fully automatic transmissions to the African nation. Recently, Kigali, Rwanda's capital city, once again upgraded its fleet with city transit buses equipped with Allison Torqmatic® Series transmissions.

Mar 20, 2024 08:30 am ET

New Orleans RTA Selects Allison eGen Flex®-Equipped New Flyer Electric Hybrid Buses

Allison Transmission, in partnership with New Flyer, a leading bus manufacturer in North America, is proud to announce the selection of Allison-equipped electric hybrid buses by the New Orleans Regional Transit Authority (RTA). The New Flyer buses equipped with the Allison eGen Flex® electric hybrid propulsion system will provide a more sustainable transportation solution to the city of New Orleans.

Mar 19, 2024 08:30 am ET

KS Pulverizadores Unveils First Brazilian Agriculture Sprayer Equipped with Allison Fully Automatic Transmission

Allison Transmission is pleased to announce that the first Allison-equipped agriculture sprayer built in Brazil was recently showcased by KS Pulverizadores, a leading Brazilian agriculture equipment manufacturer, at Show Rural Coopavel, an agriculture industry tradeshow in Cascavel, Brazil. Allison’s successful entry into the Brazilian ag sprayer market, where most sprayers have been traditionally equipped with hydrostatic and manual transmissions, is a milestone in the company’s strategic initiatives targeting growth in the end markets Allison serves outside North America. Most sprayers in ne

Mar 18, 2024 04:30 pm ET

Allison Transmission Announces Closing of Amend and Extend of its Revolving Credit Facility and Term Loan Debt

Allison Transmission Holdings Inc. (NYSE: ALSN) (“Allison” or the “Company”) announced today that, on March 13, 2024, its wholly owned subsidiary, Allison Transmission, Inc. (the “Borrower”), entered into a fourth amendment to its credit agreement (the “Amendment”).

Feb 21, 2024 04:05 pm ET

Allison Transmission Announces a 9% Increase to the Quarterly Dividend and the Annual Stockholders Meeting and Record Date

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, announced today that its Board of Directors has approved an increase in the Company’s quarterly dividend from $0.23 to $0.25 per share on the Company’s common stock and has declared a cash dividend of $0.25 per share on the Company’s common stock for the first quarter of 2024. Payment will be made on March 15, to stockholde

Feb 20, 2024 08:30 am ET

Allison Ventures Announces Strategic Investment in Niron Magnetics

Allison Ventures, Allison Transmission’s venture capital arm, is pleased to announce its strategic investment in Niron Magnetics, a pioneering company in the field of sustainable non-rare earth permanent magnets. This investment marks a significant milestone in the advancement of clean energy solutions and the reduction of reliance on critical materials.

Feb 13, 2024 04:05 pm ET

Allison Transmission Announces Record Fourth Quarter and Full Year 2023 Results

Allison Transmission Holdings Inc. (NYSE: ALSN) today reported an 8 percent increase in fourth quarter net sales from the same period in 2022, propelling full year net sales to a record $3.04 billion. Diluted EPS for the year increased 34 percent from 2022 to a record $7.40.

Feb 08, 2024 08:30 am ET

Allison Transmission’s 3414 Regional Haul Series™ Selected by One of the World’s Largest Logistics Companies for Natural Gas-Powered Fleet

Allison Transmission is pleased to announce a leading global logistics and delivery company will add Freightliner Cascadia compressed natural gas (CNG) day cab tractors equipped with the Allison 3414 Regional Haul Series™ (RHS) transmission to its fleet of 18,000 tractors. After initially introducing the 3414 RHS into Cascadia models paired with the DD13 diesel engine in early 2022, Daimler Truck North America (DTNA) introduced the Allison 3414 RHS and Cummins ISX12N engine pairing last year as an industry-leading solution that maximizes payload and performance while reducing emissions and eng

Feb 07, 2024 04:05 pm ET

Allison Transmission Partners with Volare to Introduce South America’s First School Buses Equipped with Fully Automatic Transmissions

In partnership with Volare, Brazil's leading minibus manufacturer, Allison Transmission will equip South America's first school buses with fully automatic transmissions. Brazil’s National Fund for Educational Development (FNDE), a federal agency connected to the Ministry of Education, recently announced grants to finance 320 new buses equipped with Allison Torqmatic™ Series transmissions as part of its School Path Program, which aims to provide public school students with access to safer and more reliable transportation. Allison’s entry into the Brazilian school bus market is representative of

Jan 30, 2024 04:36 pm ET

Allison Transmission to Drive Innovation with New Venture Capital Arm

Jan 25, 2024 04:05 pm ET

Allison to Provide e-Axles to Oshkosh Corporation for North America’s First Fully Integrated, Zero-Emission Electric Refuse Collection Vehicle

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is proud to be selected by Oshkosh Corporation as its electric axle supplier for North America’s first fully integrated, zero-emission electric refuse collection vehicle. The Allison eGen Power® 100S has been successfully integrated into the McNeilus® Volterra™ ZSL™ electric refuse vehicle, which is specifically designed for the waste management industry to minimize environmental impact and reduce noise in communities around the world.

Jan 23, 2024 05:15 pm ET

Allison Transmission Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its fourth quarter and full year 2023 financial results conference call at 5:00 p.m. EST on Tuesday, February 13, 2024. David S. Graziosi, Chairman and Chief Executive Officer, and G. Frederick Bohley, Senior Vice President, Chief Financial Officer and Treasurer, will review the company's f

Jan 23, 2024 04:05 pm ET

Allison Transmission Forms Strategic Partnership with SANY to Provide Transmissions for Mining Vehicles

Allison Transmission is pleased to announce a strategic partnership agreement with SANY, a global heavy equipment manufacturer for the mining and construction markets. Allison will supply its family of Off Road Series™ (ORS) and Wide Body Dump Series™ (WBD) transmissions for integration into their lineup of mining vehicles including the next-generation SANY SKT105 wide body mining dump (WBMD) truck, rigid dump trucks and articulated dump trucks (ADT).

Jan 18, 2024 08:30 am ET

Allison Transmission Awarded $83.3 Million Contract to Support U.S. Army Abrams Tank Modernization and Tank Production for Abrams User Nations

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, received an $83.3 million contract to provide upgraded and new X1100 transmissions supporting Abrams Main Battle Tank variants used by the U.S. Army and Foreign Military Sales customers.

Jan 17, 2024 08:00 am ET

Allison Transmission Announces Ratification of New Labor Agreement with the UAW

Allison Transmission announced today that a new collective bargaining agreement with the International United Automobile, Aerospace and Agricultural Implement Workers of America (UAW) Local 933 has been ratified. The contract covers approximately 1,600 UAW-represented employees at Allison facilities in Indianapolis, Indiana and has a four-year duration, expiring on November 14, 2027.

Nov 02, 2023 04:05 pm ET

Allison Transmission Declares Quarterly Dividend

Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.23 per share on the Company’s common stock for the fourth quarter of 2023. Payment will be made on November 30, 2023, to stockholders of record at the close of business on November 13, 2023.

Oct 25, 2023 04:05 pm ET

Allison Transmission Announces Third Quarter 2023 Results

Allison Transmission Holdings Inc. (NYSE: ALSN), today reported third quarter net sales of $736 million, a 4 percent increase from the same period in 2022 and diluted EPS of $1.76, a 21 percent increase from the same period in 2022.

Oct 18, 2023 04:30 pm ET

Allison Transmission Selected for Australian Armored Vehicle Project as Part of Hanwha's Redback

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense platforms is pleased to announce its X1100-5A3™ cross-drive as the propulsion solution for the Hanwha Redback that was recently selected for Australia’s LAND 400 Phase 3 program scoped to replace the M113 Armored Personnel Carriers that have been in service since the mid-1960s.

Oct 12, 2023 04:05 pm ET

Allison Transmission Honors Guild Technician Skills Competition Finalists

Allison Transmission is pleased to announce the winner of the Allison Guild Technician Skills Competition. Matt Kagarise from Penn Power Group was named Grand Champion of the competition at the Guild Star Awards banquet hosted in Dallas, Texas during First Line 2023, Allison’s biannual event for its North America service channel professionals that focuses on product updates and best practices in service procedures.

Oct 09, 2023 08:30 am ET

Allison Transmission and B-Metro Partner on Electric Hybrid Technology to Modernize Public Transit System in Texas

Allison Transmission will partner with B-Metro, the public transit system in Brownsville, Texas, to provide the Allison eGen FlexTM electric hybrid propulsion system for 35-foot GILLIG buses. The city recently received a $4.7 million grant from the Federal Transit Administration’s (FTA) 2023 Low or No Emission Program. Brownsville named Allison’s eGen Flex electric hybrid technology in its application for the grant. The city is one of 125 communities across the U.S. to be awarded this funding for modernizing bus facilities and purchasing new vehicles that help reduce e

Oct 06, 2023 08:30 am ET

Allison Introduces Newest eGen Power® e-Axle at Busworld Europe in Belgium

Allison Transmission today announced the launch of the eGen Power® 85S, the newest addition to Allison’s family of fully electric axles. In partnership with Anadolu Isuzu, Allison is pleased to present their integrated eGen Power 85S into the Isuzu Novo VOLT fully electric bus showcased at Busworld Europe in Brussels, Belgium.

Oct 04, 2023 04:05 pm ET

Allison Transmission Schedules Third Quarter 2023 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its third quarter 2023 financial results conference call at 5:00 p.m. EDT on Wednesday, October 25, 2023. David S. Graziosi, Chairman and Chief Executive Officer, and G. Frederick Bohley, Senior Vice President, Chief Financial Officer and Treasurer, will review the company's financial perfo

Oct 02, 2023 04:30 pm ET

Allison Transmission Partners with Key Polish Defense Industry Leaders

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, has signed a memorandum of understanding (MOU) with Grupa Zbrojeniowa (PGZ), a holding group uniting Polish state-owned defense industry companies and one of the largest defense companies in Europe. The two defense leaders will partner to expand their product portfolio and bolster Allison’s supplier network and service capabilities in Europe and beyond.

Sep 06, 2023 04:05 pm ET

U.S. Army’s M10 Booker Program in Production with Allison Transmission

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, has been awarded a contract worth approximately $13 million for the second phase of the U.S. Army’s Low-Rate Initial Production contract for the newly named M10 Booker Combat Vehicle, formerly known as Mobile Protected Firepower. Designed to increase the combat power of the Army’s Infantry Brigade Combat Teams, the M10 Booker is one of the U.S. Army’s leading modernization initiatives.

Aug 16, 2023 04:05 pm ET

Allison Transmission Delivers Propulsion Solution for New Mack® Compressed Natural Gas Truck

Allison Transmission is pleased to announce that Mack Trucks, one of North America’s largest producers of heavy-duty trucks, has selected the Allison 4500 Rugged Duty Series™ (RDS) as the exclusive transmission currently offered for its new compressed natural gas (CNG)-powered Mack® Granite® model. This partnership is the latest example of Allison’s ability to deliver optimized performance and capability in demanding vocations, agnostic of fuel source for the powertrain.

Aug 03, 2023 04:05 pm ET

Allison Transmission Declares Quarterly Dividend

Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.23 per share on the Company’s common stock for the third quarter of 2023. Payment will be made on August 31, 2023, to stockholders of record at the close of business on August 14, 2023.

Jul 27, 2023 04:05 pm ET

Allison Transmission Announces Second Quarter 2023 Results

Allison Transmission Holdings Inc. (NYSE: ALSN), today reported second quarter net sales of $783 million, an 18 percent increase from the same period in 2022 and diluted EPS of $1.92, a 52 percent increase from the same period in 2022.

Jul 26, 2023 04:05 pm ET

Allison Transmission and Team Lynx Win Contract for Next Phases of U.S. Army’s Optionally Manned Fighting Vehicle Program

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, will provide the Allison eGen ForceTM electric hybrid system for American Rheinmetall Vehicles’ (ARV) Team Lynx prototype. Team Lynx, led by ARV, was recently selected for Phases 3 and 4 in the U.S. Army’s Optionally Manned Fighting Vehicle competition, now named the XM30 Combat Vehicle program.

Jul 25, 2023 04:05 pm ET

IndyGo Partners with Allison Transmission to Expand Electric Hybrid Fleet in Indianapolis

Allison Transmission is pleased to announce that the Indianapolis Public Transportation Corporation (IndyGo) is applying its recent $19 million grant from the Federal Transit Administration’s (FTA) 2023 Low or No Emission and Grants for Buses and Bus Facilities Competitive Programs toward expanding its fleet of 40-foot GILLIG buses equipped with the Allison eGen Flex™ electric hybrid propulsion system. The new buses will replace older vehicles in IndyGo’s fleet with clean, quiet, modern transportation that will help reduce emissions and improve air quality and service reliability.

Jul 06, 2023 04:05 pm ET

Allison Transmission Schedules Second Quarter 2023 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its second quarter 2023 financial results conference call at 5:00 p.m. EDT on Thursday, July 27, 2023. David S. Graziosi, Chairman and Chief Executive Officer, and G. Frederick Bohley, Senior Vice President, Chief Financial Officer and Treasurer, will review the company's financial performa

Jun 27, 2023 08:30 am ET

Allison Transmission and Biffa Honored With Best Fleet Management Award for Partnership to Reduce Fuel Consumption and Emissions

Allison Transmission and Biffa, the UK’s leading sustainable waste management company, were recognized with the Best Fleet Management, Private Sector Award at the 2023 Fleet Vision International Awards in London. The annual awards shine a light on excellence in the fleet and logistics industry and honor organizations that have achieved the most notable results regarding improvements in air quality and effective fleet management strategy.

Jun 15, 2023 08:54 am ET

Allison Transmission Releases 2022 Environmental, Social and Governance Report

Allison Transmission has released its 2022 Environmental, Social and Governance (ESG) Report designed to provide transparent data on the company’s environmental performance, social impacts and how these practices are governed.

May 31, 2023 08:30 am ET

Malaysia’s Largest Waste Management Provider Selects Allison 3000 SeriesTM to Improve Efficiency of Refuse Vehicles

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, announced today that it has been selected by Southern Waste Management Environment Sdn Bhd (SWM), the largest waste management provider in Malaysia, to enhance the efficiency of their refuse collection operations.

May 23, 2023 08:30 am ET

Allison Transmission Debuts Next Generation Hydraulic Fracturing Transmission in China

Allison Transmission is pleased to introduce the Allison FracTran® to the energy market in China. Designed from the ground up to meet the unique demands of the fracturing industry, the FracTran will be on display at the 23rd China International Petroleum & Petrochemical Technology and Equipment Exhibition (CIPPE) May 31 through June 2.

May 03, 2023 04:05 pm ET

Allison Transmission Declares Quarterly Dividend

Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.23 per share on the Company’s common stock for the second quarter of 2023. Payment will be made on May 31, 2023, to stockholders of record at the close of business on May 15, 2023.

Apr 27, 2023 04:05 pm ET

Allison Transmission Announces First Quarter 2023 Results

Allison Transmission Holdings Inc. (NYSE: ALSN), today reported first quarter net sales of $741 million, a 9 percent increase from the same period in 2022, and diluted EPS of $1.85, a 42 percent increase from the same period in 2022.

Apr 25, 2023 04:05 pm ET

Nuevo Leon Modernizes Public Transportation with Allison Transmission-Equipped Compressed Natural Gas Buses

Through its partnership with Foton, an international commercial vehicle manufacturer headquartered in Beijing, China, Allison Transmission is providing the propulsion solution for 400 Foton AUV compressed natural gas (CNG) buses being exported to Nuevo Leon, Mexico, to aid in the state’s plan to modernize public transportation. In China last year, Allison realized double digit growth in export bus sales.

Apr 05, 2023 04:05 pm ET

Allison Transmission Schedules First Quarter 2023 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its first quarter 2023 financial results conference call at 5:00 p.m. EDT on Thursday, April 27, 2023. David S. Graziosi, Chairman and Chief Executive Officer, and G. Frederick Bohley, Senior Vice President, Chief Financial Officer and Treasurer, will review the company's financial performa

Apr 04, 2023 08:30 am ET

Allison Transmission Partners with SANY to Expand Presence in Global Wide Body Mining Dump Truck Market

Allison Transmission is pleased to announce it has expanded its partnership with SANY, a global heavy equipment manufacturer for the mining and construction markets, by signing a Letter of Intent to supply the Allison 4000 Series™ transmission for SANY’s SKT105 96-ton wide body mining dump (WBMD) truck for the India market. SANY is the first OEM to manufacture WBMD trucks outside of China. Allison’s recent growth in the WBMD application represents an opportunity of $100 million in annual revenue.

Mar 28, 2023 08:30 am ET

Allison Transmission Selected to Equip AM General’s A2 Version of the Joint Light Tactical Vehicle

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles will provide the Allison 2500 Specialty Series™ (SP) transmission for AM General’s A2 version of the Joint Light Tactical Vehicle (JLTV). The JLTV is used by the U.S. Army, Navy, Marine Corps and Air Force in addition to allied forces around the world.

Mar 01, 2023 04:30 pm ET

Allison Transmission to Present at Raymond James’ 2023 Annual Institutional Investors Conference

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that G. Frederick Bohley, Senior Vice President, Chief Financial Officer & Treasurer, and Jacalyn Bolles, Executive Director of Treasury and Investor Relations, will present at the Raymond James 44th Annual Institutional Investors Conference, to be held at the JW Marriott Orlando, Grande Lakes on Tuesday, Ma

Feb 23, 2023 05:43 pm ET

Allison Transmission Announces a 10 Percent Increase to the Quarterly Dividend and the Annual Stockholders Meeting and Record Date

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, announced today that its Board of Directors has approved an increase in the Company’s quarterly dividend from $0.21 to $0.23 per share on the Company’s common stock and has declared a cash dividend of $0.23 per share on the Company’s common stock for the first quarter of 2023. Payment will be made on March 17, to stockholde

Feb 15, 2023 04:05 pm ET

Allison Transmission Announces Fourth Quarter and Full Year 2022 Results

Allison Transmission Holdings Inc. (NYSE: ALSN) today reported an 11 percent increase in fourth quarter net sales from the same period in 2021, leading to record full year net sales and diluted EPS, driven by the realization of growth initiatives and further improvement in operating performance.

Feb 13, 2023 04:30 pm ET

Allison Specialty Series™ Transmissions Selected for the U.S. Army’s Common Tactical Truck Prototype Vehicles

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, is pleased to announce Allison’s 4000 Specialty Series™ transmissions are included in the U.S. Army’s Common Tactical Truck (CTT) prototype vehicle phase.

Feb 07, 2023 04:30 pm ET

Daimler Truck North America Integrates Allison Transmission’s 3414 Regional Haul Series™ with Low-Emissions Natural Gas Engine into Freightliner Cascadia

Allison Transmission is pleased to announce that the Allison 3414 Regional Haul Series™ (RHS) paired with the Cummins ISX12N engine is now available for order in Daimler Truck North America’s (DTNA) Class 8 Freightliner Cascadia Day Cab (116 in. BBC) model.

Feb 02, 2023 11:30 am ET

EnerDel Energy Solutions and Allison Transmission Renew Strategic Relationship for Five More Years

EnerDel's Lithium-ion Vigor+ 'Buy America' compliant battery pack continues as Allison approved OEM battery pack replacement

Jan 25, 2023 04:05 pm ET

Allison Transmission Schedules Fourth Quarter and Full Year 2022 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its fourth quarter and full year 2022 financial results conference call at 5:00 p.m. EDT on Wednesday, Feb. 15. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial per

Jan 24, 2023 04:30 pm ET

Rally Truck Equipped with Allison Transmission Wins Dakar 2023 Rally Raid Competition

Team De Rooy wins truck division of 2023 Dakar Rally with Allison-equipped truck. The 45th running of the world’s toughest annual motorsport competition featured daily extreme temperatures and terrain. The rally raid began December 31 on the shores of the Red Sea, crossed Saudi Arabia and concluded on the sands of the Arabian Gulf in Dammam on January 15. The 2023 Dakar Rally covers a total distance of 8,549 kilometers, of which 4,706 km is timed in the form of special stages.

Jan 18, 2023 04:30 pm ET

Allison Transmission Selected by Larsen and Toubro Limited for India’s New Futuristic Infantry Combat Vehicle (FICV)

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, and medium- and heavy-duty commercial vehicles, is proud to work with Larsen and Toubro (L&T) Ltd., to provide the Allison 3040 MXTM propulsion solution for the Indian Army’s Futuristic Infantry Combat Vehicle (FICV) prototype.

Jan 11, 2023 04:30 pm ET

Allison Transmission Collaborates with Nikola to Drive Next-Generation Vehicle Development at Allison’s Vehicle Electrification + Environmental Test Center

Allison Transmission has partnered with Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, to conduct testing of its Class 8

Dec 14, 2022 08:30 am ET

Allison Transmission Awarded a $51 Million Contract to Support Abrams Tank Production for the U.S. Army and Internationally

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, and medium- and heavy-duty commercial vehicles, has been awarded a $51 million contract for the X1100-3B1 transmission and technical support for the Abrams Main Battle Tank used by the U.S. Army and Foreign Military Sales (FMS) customers.

Dec 08, 2022 04:05 pm ET

Allison Transmission Receives Pro Patria Award for Demonstrated Support of the Indiana National Guard and Reserve

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is honored to receive the Pro Patria Award from the Indiana Committee for Employer Support to the Guard and Reserve (ESGR). Each ESGR State Committee presents the award annually to one small, one large and one public sector employer in their state or territory.

Dec 01, 2022 04:05 pm ET

Allison Transmission Recognized with ASE ATMC National Excellence in Training Award for Off-Highway Program

Allison Transmission is proud to announce that it has been honored with a prestigious award for its Off-Highway Maintenance and Overhaul training program. The ASE Training Manager Council (ATMC), a division of the National Institute for Automotive Service Excellence dedicated to the advancement of training and professional development in the transportation service industry, recognized Allison with a 2022 National Excellence in Training “Grand Award.”

Nov 30, 2022 04:05 pm ET

Allison Transmission Japan Celebrates 50th Anniversary

Allison Transmission is honored to celebrate the 50-year anniversary of its business presence in Japan, an important milestone in the successful partnership between Allison and Japanese commercial vehicle equipment manufacturers.

Nov 07, 2022 04:05 pm ET

Allison Transmission Declares Quarterly Dividend

Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.21 per share on the Company’s common stock for the fourth quarter of 2022. Payment will be made on November 30, 2022, to stockholders of record at the close of business on November 21, 2022.

Nov 01, 2022 08:30 am ET

U.S. Army Selects BAE Systems’ Beowulf Vehicle with Allison Automatic for Its Newest Cold Weather All-Terrain Vehicle

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, will provide the transmission for the U.S. Army’s new Cold Weather All-Terrain Vehicle (CATV) program. The Allison-equipped Beowulf vehicle, from BAE Systems, will provide soldiers with capable, reliable mobility and increase their survivability in the harshest conditions that Alaska and the Arctic has to offer.

Oct 27, 2022 08:30 am ET

Allison Transmission to Present at Baird’s 2022 Global Industrial Conference

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that Senior Vice President, Chief Financial Officer and Treasurer Frederick Bohley will present at Robert W. Baird & Co.’s 2022 Global Industrial Conference at The Ritz-Carlton, Chicago on Wednesday, Nov. 9 at 2:20 p.m. CST.

Oct 26, 2022 04:05 pm ET

Allison Transmission Announces Third Quarter 2022 Results

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today reported net sales for the third quarter of $710 million, a 25 percent increase from the same period in 2021, driven by resilient customer demand despite persistent supply chain challenges, price increases and the continued execution of growth initiatives.

Oct 25, 2022 04:05 pm ET

Allison Poised for Growth in South American Agriculture Sector with Record Sales in Argentina and Recent Entry to Brazil

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, has secured 80% market share of agriculture sprayer transmissions in Argentina since entering the market in 2015. Allison has now also successfully entered this sector in Brazil, which has traditionally relied on hydrostatic and manual transmissions, with a new OEM release. This targeted growth initiative is one of Allison’s strategic priorities to achieve the company’s targeted annual double digit growth of net sales in the Outside North America On-Highwa

Oct 20, 2022 04:05 pm ET

Allison Transmission Named Exclusive Provider for New XCMG All-Terrain Crane

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce that it has been named the exclusive provider of transmissions for Xuzhou Construction Machinery Group’s (XCMG) newest all-terrain cranes, leading to additional growth for Allison Transmission outside North America.

Oct 19, 2022 08:30 am ET

Allison Transmission Recognized as Supplier of the Year by Idealease

Allison Transmission is honored to announce that the company has been named Supplier of the Year by Idealease, a premier commercial truck lease and rental company in North America, with over 45,000 trucks, tractors and trailers in their fleet. The award, which Allison also received in 2018, was recently announced at the Idealease 40th Annual Meeting.

Oct 18, 2022 04:05 pm ET

Allison Transmission Appoints Jackie Bolles as Executive Director, Treasury and Investor Relations

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce that as of Oct. 17, Jackie Bolles has assumed a new role as Executive Director, Treasury and Investor Relations at the company.

Oct 10, 2022 04:10 pm ET

Allison Transmission Introduces the eGen Force™ Electric Hybrid Propulsion System for Armored Combat Vehicles

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to introduce the eGen Force™ electric hybrid propulsion system for tracked combat vehicles. Designed for 50-ton tracked vehicles, the eGen Force meets the requirements for the U.S. Army’s Optionally Manned Fighting Vehicle (OMFV) program. The eGen Force is also scalable to 70-ton tracked vehicles, making it capable of meeting future Main Battle Tank requirements as well.

Oct 05, 2022 04:05 pm ET

Allison Transmission Schedules Third Quarter 2022 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its third quarter 2022 financial results conference call at 5:00 p.m. EDT on Wednesday, Oct. 26. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for th

Sep 28, 2022 04:30 pm ET

Isuzu Launches New Allison-Equipped FVR Truck in Taiwan

Sep 20, 2022 08:30 am ET

Allison Expands eGen Power® Family of Electric Axles to Provide Additional Offering for European and Asia Pacific Markets

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, announced the new eGen Power® 130S, the latest product to be introduced to the company’s eGen Power family of fully electric axles, this week at IAA Transportation in Hanover, Germany.

Sep 19, 2022 04:30 pm ET

Allison Transmission and Anadolu Isuzu Partner on Electric Trucks and Buses

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce a strategic joint cooperation agreement (JCA) with Turkey's leading bus and truck manufacturer Anadolu Isuzu. As a part of this JCA, Allison eGen Power® 100S electric axles will be integrated into Anadolu Isuzu's light-duty truck and midibus platforms for refuse, distribution and public transportation applications.

Sep 19, 2022 09:26 am ET

QUANTRON to Unveil First Hydrogen Fuel Cell Truck Equipped With Allison eGen Power® Electric Axle at IAA

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions, today announced German vehicle manufacturer QUANTRON has integrated the Allison eGen Power® 130D e-Axle into its new fuel cell electric vehicle (FCEV), a heavy-duty truck capable for tractor and chassis derivatives based on the MAN TG3 platform (TGS, TGX), which will make its world premiere at IAA.

Sep 15, 2022 04:53 pm ET

Santa Clara Valley Transportation Authority Places Order for Buses Featuring the Allison eGen Flex™

Allison Transmission is pleased to announce that Santa Clara Valley Transportation Authority (VTA) has selected the Allison eGen Flex™ electric hybrid propulsion system for its fleet of transit buses. VTA has signed an agreement for GILLIG buses equipped with the eGen Flex.

Sep 13, 2022 08:30 am ET

Allison Transmission Poised to Meet U.S. Defense Department Climate Change Challenge

In the Fiscal Year 2023 budget, the U.S. Department of Defense has requested funding to support the development of hybrid vehicle recharging infrastructure, incorporate fuel efficient technologies and invest in technology to improve performance and reduce logistical requirements for its 60,000 buses, medium and heavy duty commercial vehicles and 250,000 tactical vehicles. Allison Transmission’s product portfolio will help drive the next generation of propulsion solutions to help our military achieve their climate change and electrification objectives.

Aug 30, 2022 08:30 am ET

Allison Transmission Introduces Hydrogen Fuel Cell Vehicle Testing at Vehicle Electrification + Environmental Test Center

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce the availability of hydrogen fuel cell and compressed natural gas (CNG) testing at its Vehicle Electrification + Environmental Test Center.

Aug 25, 2022 04:05 pm ET

Allison Transmission Awarded $6.55 Million Contract to Deliver Next Generation Electrified Transmission to U.S. Army

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, and medium- and heavy-duty commercial vehicles, has been awarded a $6.55 million contract by the U.S. Army’s Ground Vehicle Systems Center to design, develop and test an electric hybrid sub-system in Allison’s Next Generation Electrified Transmission for armored combat vehicles.

Aug 09, 2022 08:00 am ET

Allison Transmission Announces Board Changes

“The changes announced today reflect a deliberate process by the Board to recruit new directors who will complement the overall mix of skills, knowledge, experience and perspectives on the Board,” said Dave Graziosi, Chairman and Chief Executive Officer at Allison. “I am pleased that we have identified four outstanding independent directors in Phil, Sasha, Gus and Krishna, who each bring extensive experience in areas relevant to our business and will be great assets to Allison as we continue to execute our growth initiatives and prepare for the transition to zero-emission vehicles.”

Aug 08, 2022 04:05 pm ET

Allison Transmission Declares Quarterly Dividend

Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.21 per share on the Company’s common stock for the third quarter of 2022. Payment will be made on August 31, 2022, to stockholders of record at the close of business on August 22, 2022.

Aug 03, 2022 04:05 pm ET

Allison Transmission Announces Second Quarter 2022 Results

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today reported net sales for the second quarter of $664 million, a 10 percent increase from the same period in 2021, driven by price increases, resilient customer demand despite persistent supply chain challenges and the continued execution of growth initiatives.

Aug 02, 2022 04:05 pm ET

Food and Distribution Fleets Choose Allison’s 3414 Regional Haul Series™ Transmission

Allison Transmission is pleased to announce that the award-winning Allison 3414 Regional Haul Series™ fully automatic transmission is now running in three of the top five largest private fleets in North America, which operate approximately 25,000 tractors combined. This growth is the result of Allison’s investment in developing the 3414 Regional Haul Series, along with expanded OEM releases that will support customer demand in this segment. The 3414 RHS represents an opportunity of $100 million in incremental annual revenue for Allison Transmission.

Jul 29, 2022 08:30 am ET

Allison eGen FlexTM Electric Hybrid Propulsion System Spurs Growth of Clean Transportation in the Midwest

Allison Transmission is pleased to announce the continued success of the next generation eGen Flex™ electric hybrid propulsion system, with several public transit agencies in the Midwest selecting the Allison eGen Flex for their buses.

Jul 26, 2022 08:30 am ET

U.S Army’s Newest Armored Combat Vehicle Powered By Allison Transmission

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles will provide the transmission for the U.S. Army’s first newly designed armored combat vehicle fielded in more than four decades. The Mobile Protected Firepower (MPF) program is one of the U.S. Army’s highest priority modernization initiatives. The Army is expected to purchase more than 500 MPF vehicles through 2035, collectively representing approximately $250 million in revenue for Allison’s defense end market.

Jul 19, 2022 08:30 am ET

Calfrac Integrates Allison Next Generation Hydraulic Fracturing Transmission into Oil Field Operations

Allison Transmission is pleased to announce that Calfrac Well Services Ltd., one of the largest hydraulic fracturing companies in the world, has introduced the Allison FracTran® into its field operations. Designed from the ground up to meet the unique demands of the fracturing industry, Allison’s latest innovation in the Oil Field Series™ product line maximizes customer productivity with high reliability and powerful performance under pressure.

Jul 13, 2022 04:05 pm ET

Allison Transmission Schedules Second Quarter 2022 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its second quarter 2022 financial results conference call at 5:00 p.m. ET on Wednesday, August 3. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for t

Jul 06, 2022 08:30 am ET

Allison Transmission Selected to Propel New M88A3 HERCULES Prototype Vehicles

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, and medium- and heavy-duty commercial vehicles will provide the X1100TM-5B propulsion solution for the U.S. Army’s new M88A3 HERCULES (Heavy Equipment Recovery Combat Utility Lift and Evacuation System) prototype vehicle.

Jun 22, 2022 08:30 am ET

Allison Transmission, Isuzu and Cummins Showcase New Isuzu F-Series Vehicles During Ride & Drive Event

Allison Transmission, Isuzu, and Cummins recently hosted a Ride & Drive event for fleet customers and members of the media to showcase the new Isuzu F-Series Class 6 FTR and new Class 6 and 7 FVR trucks, exclusively equipped with Allison’s Rugged Duty SeriesTM (RDS) transmissions paired with the Cummins B6.7 engine.

Jun 21, 2022 08:30 am ET

Allison 9832 Oil Field Series™ Transmissions Deliver Unparalleled Performance in One of the World’s Largest Oil Fields in China

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce that the Allison 9832 Oil Field Series™ (OFS) transmission has earned recognition from the largest oil field in China due to its proven reliability, durability and high efficiency.

Jun 15, 2022 04:05 pm ET

Next Generation Electric Hybrid Buses Featuring Allison Transmission’s eGen Flex™ Arrive at IndyGo

Allison Transmission is pleased to announce that in partnership with GILLIG and Cummins, the first buses equipped with its Allison eGen FlexTM electric hybrid propulsion system have arrived at the Indianapolis Public Transportation Corporation (IndyGo).

Jun 14, 2022 08:30 am ET

Allison Transmission Releases 2021 Environmental, Social and Governance Report

Allison Transmission recently released its 2021 Environmental, Social and Governance (ESG) Report designed to provide transparent data on the company’s environmental performance, social impacts and how these practices are governed.

May 19, 2022 09:02 am ET

Allison Transmission to Provide Propulsion Solutions for the U.S. Army’s Newest Tactical Wheeled Vehicle Program

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, will support multiple customers through the U.S. Army’s newest tactical wheeled vehicle program named the Common Tactical Truck (CTT). CTT has the potential to field more than 7,000 new vehicles once full rate production begins, representing over $150 million in revenue for Allison’s defense end market.

May 10, 2022 05:40 pm ET

Allison Transmission and Xos Enter Strategic e-Axle Partnership for the Development of Heavy-Duty Electric Vehicle Platforms

Xos, Inc. (NASDAQ: XOS), a leading manufacturer and services provider of Class 5 through Class 8 battery-electric vehicles, powertrains, charging infrastructure, and fleet management software, today announced it has entered a strategic partnership with Allison Transmission, Inc. (NYSE: ALSN), the world’s largest manufacturer of commercial-duty, fully-automatic transmissions and leading manufacturer of electric hybrid and fully-electric propulsion systems, to jointly develop heavy-duty Class 7 and 8 commercial electric vehicles.

May 10, 2022 05:40 pm ET

Allison Transmission and Xos Enter Strategic e-Axle Partnership for the Development of Heavy-Duty Electric Vehicle Platforms

May 09, 2022 08:30 am ET

Allison Transmission Showcases Advanced Propulsion Technology at Modern Day Marine Expo

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles as well as medium- and heavy-duty commercial vehicles, will be exhibiting its latest propulsion technology at the 2022 Modern Day Marine Expo from May 10-12, 2022, which will take place at the Walter E. Washington Convention Center in Washington, D.C.

May 05, 2022 04:05 pm ET

Allison Transmission Elects D. Scott Barbour to Board of Directors

May 04, 2022 04:05 pm ET

Allison Transmission Declares Quarterly Dividend

Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.21 per share on the Company’s common stock for the second quarter of 2022. Payment will be made on May 27, 2022, to stockholders of record at the close of business on May 16, 2022.

Apr 27, 2022 04:05 pm ET

Allison Transmission Announces First Quarter 2022 Results

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of propulsion solutions for commercial and defense vehicles and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, today reported net sales for the first quarter of $677 million, a 15 percent increase from the same period in 2021 and the strongest revenue quarter since 2019, as production continues to accelerate to meet resilient customer demand, and is further driven by the continued execution of Allison’s growth initiatives.

Apr 26, 2022 05:52 pm ET

Allison 3414 Regional Haul SeriesTM Transmission Selected for Major Wholesale Restaurant Distribution Fleet

Allison Transmission is pleased to announce that one of the largest private fleets in North America, and a major wholesale restaurant food distributor, has selected the award-winning Allison 3414 Regional Haul SeriesTM transmission for its fleet. The 3414 RHS will be integrated into Navistar’s RHTM Series trucks, designed to provide customers with optimal productivity and maneuverability.

Apr 19, 2022 08:30 am ET

Allison Transmission Earns Certification from California Air Resources Board for eGen Flex™ Electric Hybrid Propulsion System

Allison Transmission today announced it has received certification from the California Air Resources Board (CARB) for the model year 2022 eGen Flex™ electric hybrid propulsion system paired with Cummins B6.7 and L9 engines. Since 2014, Allison has received annual certification from CARB for the Allison H 40/50 EP™ propulsion system. For the first time this year, the certification was awarded for the eGen Flex, the company’s newest electric hybrid solution for transit buses and coaches.

Apr 13, 2022 08:30 am ET

Allison Transmission Selected for UK’s First Hydrogen Fuel Cell Electric-Powered Refuse Collection Vehicle

Allison Transmission is pleased to announce that it has been selected to provide the propulsion system for the UK’s first hydrogen fuel cell refuse collection vehicle (RCV). Aberdeen City Council has chosen to pair a 250 kW Hyzon electric motor with an Allison 3000 Series™ transmission in conjunction with a 45 kW fuel cell. The council’s decision to select the 3000 Series transmission is a testament to the capability of Allison’s dynamic portfolio of propulsion solutions, which can support and optimize emerging propulsion technologies such as hydrogen fuel cells.

Apr 12, 2022 08:30 am ET

Allison Transmission Expands ONA Defense Service Network to Improve Access to Localized Service and Support

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, today announced plans to expand its tracked defense service network to improve access to service and support for end users Outside North America (ONA).

Apr 06, 2022 07:52 am ET

Allison Transmission Schedules First Quarter 2022 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will hold its first quarter 2022 financial results conference call at 5:00 p.m. ET on Wednesday, April 27. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for th

Apr 05, 2022 08:30 am ET

BELL to Integrate and Evaluate Allison’s Newest Off-Highway Transmission for Upgraded Articulated Dump Truck

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce a partnership with Bell Equipment Group Services (BELL) to integrate and evaluate the Allison TerraTran™ in the next generation of BELL’s articulated dump trucks.

Mar 31, 2022 04:05 pm ET

Allison Transmission Completes Acquisition of AVTEC’s Off-Highway Transmission Portfolio and Component Machining Business

Allison Transmission today announced it has completed the acquisition of India-based AVTEC Ltd.’s off-highway transmission business and AVTEC’s Madras Export Processing Zone (MEPZ) off-highway component machining business. The deal, which was first announced on September 16, 2021, has officially closed as of yesterday.

Mar 16, 2022 08:51 am ET

LiuGong Wide Body Mining Dump Trucks Equipped with Allison 4800 Off Road Series™ Transmissions Exported to Colombia

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce that its long-term partner LiuGong (Changzhou) Mining Machinery Co., Ltd., a subsidiary of global construction machinery enterprise Guangxi LiuGong Heavy Machinery Co., Ltd, has shipped wide body mining dump (WBMD) trucks equipped with Allison 4800 Off Road Series™ (ORS) fully automatic transmissions to Colombia.

Mar 09, 2022 04:05 pm ET

Allison Transmission Announces Collaboration with Freightliner Custom Chassis Corporation on Walk-In Van Program

Allison Transmission is pleased to announce that uprate variants of the Allison 1000 Series™ and 2000 Series™ transmissions will be integrated into Freightliner Custom Chassis Corporation’s (FCCC) new powertrain combination for its MT walk-in van chassis. The transmissions will be equipped with Allison’s next-generation electronic controls platform. Built on decades of evolution and experience and combined with state-of-the-art microprocessor and software operating system technology, the platform is capable of delivering advanced communications, functional safety, cybersecurity and over-the-ai

Mar 09, 2022 04:05 pm ET

Allison Transmission Partners with Mack Trucks to Expand Medium-Duty Product Portfolio

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is proud to announce that Mack Trucks has expanded its product portfolio to offer Allison’s 3000 Rugged Duty Series™ (RDS) transmission for the Mack Class 6 and Class 7 MD truck series. The Allison 3000 RDS is now available to order on the Mack MD Series.

Mar 08, 2022 04:05 pm ET

Hino Trucks Begins Real World Testing and Validation of Allison’s Next Generation Fully Electric Axle on Track for Production Launch

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions, is pleased to report that Hino Trucks has completed the vehicle integration, and commenced testing and validation of Allison’s next generation eGen PowerTM 100D fully electric axle in its XL series heavy duty battery electric vehicles (BEVs), as Hino progresses towards start of production.

Mar 07, 2022 04:05 pm ET

Allison Transmission Unveils New Innovation Center at Indianapolis Headquarters

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, today unveiled the Allison Transmission Innovation Center, a new 96,000-square-foot facility featuring enhanced product and technology development and validation capabilities to support its customers, industry partners and suppliers.

Mar 02, 2022 08:30 am ET

Heishan Fleet Selects Tonly Wide Body Mining Dump Trucks Equipped with Allison 4800 Off-Road Series™ Transmissions

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce that Heishan Fleet (Xinjiang Tiantuo Jiye Mechanic Engineering Co., Ltd.), a renowned mining and infrastructure company based in Xinjiang, has placed an order for over 100 units of Tonly wide body mining dump (WBMD) trucks equipped with Allison 4800 Off Road Series™ (ORS) transmissions.

Mar 01, 2022 08:30 am ET

Allison Transmission to Present at Upcoming Investor Conferences

Feb 24, 2022 04:05 pm ET

Allison Transmission Announces an 11 Percent Increase to the Quarterly Dividend, a $1 Billion Increase to the Stock Repurchase Authorization and the Annual Stockholders Meeting and Record Date

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, announced today that its Board of Directors has approved an increase in the Company’s quarterly dividend from $0.19 to $0.21 per share on the Company’s common stock and has declared a cash dividend of $0.21 per share on the Company’s common stock for the first quarter of 2022. Payment will be made on March 18, to stockholde

Feb 24, 2022 08:30 am ET

Allison Transmission Delivers Propulsion Systems Equipped With Next Generation Electronic Controls Platform

In partnership with several leading global OEMs, Allison Transmission is pleased to announce that it has entered production with its next generation electronic controls platform. Built on four decades of evolution and experience, and combined with state of the art microprocessor and software operating system technology, Allison’s next generation electronic controls platform is capable of delivering advanced communications, functional safety, cybersecurity and over-the-air programming.

Feb 23, 2022 04:05 pm ET

Allison Transmission Grows Presence in Defense Forces Around the World

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense platforms, and medium- and heavy-duty commercial vehicles is achieving unprecedented growth in the global defense market. Both tracked and wheeled vehicle OEMs from Germany, South Korea, Turkey, France, Canada, Israel and the United States, powered by Allison transmissions, have won multiple defense contracts in 2021 across Asia, Australia, Europe, the Middle East and Africa.

Feb 16, 2022 04:05 pm ET

Allison Transmission Announces Fourth Quarter and Full Year 2021 Results

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today reported a 20 percent increase in net sales from the same period in 2020, and a 14 percent increase from the third quarter of 2021, resulting in the strongest revenue quarter of the year, as production accelerated to meet robust customer demand.

Feb 14, 2022 04:31 pm ET

Allison Transmission and New Flyer Partner to Bring Electric Hybrid Buses to Nevada

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce the delivery of Allison electric hybrid-equipped buses to Southern Nevada Transit Coalition, a public transportation system in Laughlin, Nevada.

Feb 09, 2022 08:30 am ET

Allison Transmission Delivers First Next-Generation Hydraulic Fracturing Transmissions to Multiple Industry Partners

Allison Transmission, a leading designer and manufacturer of conventional and electrified propulsion solutions, is pleased to announce the delivery of the first Allison FracTranTM transmissions to multiple industry partners.

Feb 08, 2022 08:30 am ET

Volvo’s Heavy-Duty VNL Day Cab Trucks Now Available with Allison’s Award Winning 3414 Regional Haul Series™ Transmission

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce that the Allison 3414 Regional Haul Series™ (RHS) fully automatic transmission has been integrated into Volvo’s heavy-duty VNL trucks and is currently available to order. The first production orders for 3414 RHS equipped VNL trucks have been built for regional haul, food and beverage and distribution customers.

Jan 27, 2022 04:05 pm ET

Allison Transmission Senior Vice President, Operations & Purchasing, Michael Dick to Retire March 11, 2022

Michael Dick, Senior Vice President, Operations & Purchasing of Allison Transmission Holdings, Inc. (NYSE: ALSN) has announced his retirement effective March 11, 2022. Rafael Basso, Vice President, Operations Planning and Business Development and Teresa van Niekerk, Vice President, Purchasing and Supplier Quality who currently report to Dick, will report directly to David S. Graziosi, Chairman and Chief Executive Officer of Allison Transmission, following Dick’s retirement.

Jan 26, 2022 04:05 pm ET

Allison Transmission Schedules Fourth Quarter and Full Year 2021 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions, today announced that it will hold its fourth quarter and full year 2021 financial results conference call at 5:00 p.m. ET on Wednesday, February 16. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesday, February

Jan 12, 2022 08:30 am ET

Allison Transmission Invests in Autotech Ventures, Obtaining Unique Access to Global Mobility Startups

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions, is pleased to announce it has committed to a $15 million investment in Autotech Ventures, a venture capital firm that’s helping to pave the way for the next frontier of mobility.

Jan 11, 2022 08:30 am ET

Allison Transmission Delivers 2 Millionth 1000/2000 Series Transmission

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions, is pleased to announce the delivery of its 2 millionth 1000/2000 Series transmission, a milestone in the company’s history of providing reliable, durable transmissions for light and medium duty commercial vehicles. The transmission was delivered to Penske Truck Leasing, a leading global transportation services provider.

Dec 15, 2021 04:34 pm ET

Allison Transmission Recognized for Supplier Quality by Daimler Truck North America

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial vehicles is honored to be named a recipient of the 2020 Masters of Quality award from Daimler Truck North America (DTNA), North America’s largest heavy-duty truck manufacturer.

Dec 13, 2021 04:06 pm ET

Allison Transmission Grows Its Global Presence in Wheeled Tactical Defense Vehicles

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, and medium- and heavy-duty commercial vehicles has been selected by the Israeli Ministry of Defense for their future Infantry Fighting Vehicle.

Dec 07, 2021 04:08 pm ET

Allison Transmission Honored with ASE Training Excellence Award for Second Consecutive Year

Allison Transmission is pleased to announce that it has been honored with a prestigious award for its first-rate training program. ASE Training Managers Council, a global nonprofit that is objectively dedicated to the advancement of training and professional development in the transportation service industry, awarded Allison with a 2021 National Excellence in Training Award.

Dec 01, 2021 09:09 am ET

Allison Transmission’s eGen Power 100D Electric Axle Earns Prestigious I-nnovation Award at Solutrans 2021

Allison Transmission is honored to announce that its eGen Power™ 100D electric axle has earned a prestigious industry accolade. The e-Axle was recognized with a Silver I-nnovation Award in the equipment category during an awards ceremony at Solutrans 2021, a global tradeshow for heavy and light-duty commercial vehicles held in Lyon, France.

Nov 30, 2021 08:45 am ET

Allison Transmission Partners with Dakar Rally Winner Team de Rooy to Develop Fully Electric Truck

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce a three-year partnership agreement with Team de Rooy, a multiple-race winner of the world-famous Dakar Rally, to develop electric trucks for motorsport competitions.

Nov 18, 2021 09:13 am ET

Isuzu Enters Class 7 Market in North America with F-Series Featuring Allison Rugged Duty Series Transmission

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce that its 2500 Rugged Duty SeriesTM (RDS) six-speed fully automatic transmission has been integrated into Isuzu Commercial Truck of America’s first F-Series Class 7 truck model. In addition, Isuzu’s new F-Series Class 6 truck model will feature Allison’s 2550 RDS six-speed fully automatic transmission. Both vehicles a

Nov 11, 2021 09:11 am ET

U.S. Marine Corps Advanced Reconnaissance Vehicle Prototypes Feature Allison Transmissions

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, and medium- and heavy-duty commercial vehicles is an active participant in the U.S. Marine Corps’ combat vehicle modernization plan. Both Textron Systems and General Dynamics Land Systems have been down-selected by the Marine Corps to build prototypes for the Advanced Reconnaissance Vehicle (ARV) competition and both are equipped with an Allison Specialty Series transmission as their propulsion solution.

Nov 09, 2021 08:31 am ET

Allison Transmission Completes Installation of New eGen Power™ Electric Axle Production Assembly Line

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid, and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, and medium- and heavy-duty commercial vehicles, is pleased to announce that it has completed the installation of a new e-Axle production assembly line at Allison’s electric axle development and manufacturing facility in Auburn Hills, Michigan. This purpose built production line integrates automated assembly features and will manufacture Allison’s eGen PowerTM series of fully integrated electric axl

Nov 02, 2021 04:57 pm ET

Allison Transmission Declares Quarterly Dividend

Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.19 per share on the Company’s common stock for the fourth quarter of 2021. Payment will be made on November 30, 2021, to stockholders of record at the close of business on November 22, 2021.

Oct 27, 2021 04:11 pm ET

Allison Transmission Announces Third Quarter 2021 Results

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today reported a 7 percent increase in net sales from the same period in 2020 as robust customer demand and the ongoing recovery in global economic activity remains tempered by persisting commercial vehicle industry production constraints due to global supply chain challenges.

Oct 26, 2021 04:55 pm ET

King Long China Delivers CNG Buses Equipped with Allison Automatics to Guadalajara City in Mexico

Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, played a crucial role in the recent delivery of more than 150 King Long compressed natural gas (CNG) city buses to Guadalajara, one of the largest cities in Mexico.

Oct 21, 2021 04:05 pm ET

Largest-ever Aftermarket Order for Allison’s FuelSense® 2.0 Software Sees U.K. Waste Management Company, Biffa Champion Cleaner Diesel

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, will install FuelSense® 2.0 software to 493 Dennis Eagle and Mercedes-Benz Econic trucks operated by Biffa, a leading U.K. waste management company. This aftermarket order, the largest of its kind within the Europe, Middle East and Africa region, follows a six-month trial in which Biffa found that Allison’s FuelSense 2.0 delivered fuel sav

Oct 20, 2021 04:05 pm ET

Allison Transmission Makes Strategic Equity Investment in Jing-Jin Electric Technologies

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, today announced that it will participate in the initial public offering (IPO) of Jing-Jin Electric (JJE), a leader in electric motor, inverter, and integrated electrified propulsion systems within the largest electric vehicle market in the world. As part of JJE’s upcoming IPO at The Science and Technology Innovation (STAR) Board on the Shanghai Stock Exchange, Allison will make a strategic investment of ¥264 million CNY (approx. $42 millio

Oct 19, 2021 04:05 pm ET

Leading Chinese Bus OEM, Zhongtong Bus Partners with Allison Transmission to Provide Cleaner Public Transport in Armenia

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce a partnership with leading Chinese bus manufacturer Zhongtong Bus Holding Co., Ltd. to deliver 211 compressed natural gas (CNG) city buses equipped with Allison T270R transmissions to Yerevan, the capital of Armenia.

Oct 18, 2021 04:17 pm ET

Allison Transmission Reschedules Third Quarter 2021 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, today announced that it has rescheduled its third quarter 2021 financial results conference call to 5:00 p.m. ET on Wednesday, October 27, from 8:00 am ET on Thursday, October 28. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Freder

Oct 13, 2021 04:05 pm ET

Allison Transmission Schedules Third Quarter 2021 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, today announced that it will hold its third quarter 2021 financial results conference call at 8:00 a.m. ET on Thursday, October 28. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial p

Oct 05, 2021 04:05 pm ET

Allison Transmission Developing a Next Generation Electrified Transmission

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, and medium- and heavy-duty commercial vehicles is accelerating the development of electrification technology for integration into the U.S. Army’s ground combat vehicle fleet including tracked Infantry Fighting Vehicles and the Main Battle Tank.

Oct 04, 2021 04:05 pm ET

Allison Transmission Partners with Fuller Center for Housing to Build Home for Central Indiana Family

Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, is pleased to announce the completion of a community service project, in partnership with the Fuller Center for Housing, to help a central Indiana family realize its dream of home ownership.

Sep 30, 2021 04:05 pm ET

Allison Transmission and SAIC Hongyan Formalize Collaboration on Electric Axle Integration

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, in collaboration with SAIC Hongyan Automotive Co., Ltd (hereinafter referred to as SAIC Hongyan, formerly known as SIH Truck), a premium Chinese brand in the manufacturing, service and support of heavy-duty vehicles is pleased to announce a strategic Memorandum of Understanding (MoU).

Sep 28, 2021 04:05 pm ET

New Flyer to Offer Allison Transmission’s Next Generation eGen Flex Electric Hybrid Propulsion System beginning in January 2022

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, today announced that New Flyer Industries Canada ULC and New Flyer of America Inc. (together “New Flyer”) will begin offering eGen Flex in early 2022, Allison’s next generation electric hybrid propulsion solution. New Flyer is North America’s largest transit bus manufacturer and a subsidiary of NFI Group Inc. (NFI), one of the world’s leading independent global bus manufacturers.

Sep 23, 2021 04:09 pm ET

Coca-Cola Beverage Company Expands Fleet of Hyundai Mighty Trucks Equipped with Allison’s Fully Automatic Transmission

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce that the Coca-Cola Beverage Company purchased 70 Hyundai Mighty 3.5-ton trucks equipped with Allison Transmission’s 1000 Series fully automatic transmission with xFE™ in August 2020 for its operations in Korea.

Sep 22, 2021 04:05 pm ET

Daimler Trucks North America Integrates Allison Transmission’s Award Winning 3414 Regional Haul Series™ into Freightliner Cascadia

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce that the Allison 3414 Regional Haul Series™ (RHS) has been integrated into Daimler Trucks North America’s (DTNA) Class 8 Freightliner Cascadia Day Cab models, paired with a DD13 Gen 5 engine rated up to 410 horsepower (HP) and 1,450 pound-foot (lb-ft) of torque. Freightliner trucks equipped with Allison’s latest RHS transmissio

Sep 21, 2021 06:00 pm ET

Jing-Jin Electric and Allison Transmission Partner to Accelerate Development of Commercial Vehicle Electrified Powertrain Solutions for Global Markets

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, and Jing-Jin Electric (JJE), a Chinese electrified propulsion leader in components, assemblies and systems for global automotive and commercial vehicle customers, have signed a broad, global strategic collaboration partnership agreement to accelerate the development of industry-leading electrified powertrain solutions for global commercial vehicles.

Sep 16, 2021 08:30 am ET

Allison Transmission Signs Agreement to Acquire India-Based AVTEC’s Off-Highway Transmission Portfolio and Off-Highway Component Machining Business

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, is pleased to announce that it has signed an asset purchase agreement to acquire the transmission portfolio of India-based AVTEC Ltd.’s off-highway business and AVTEC’s Madras Export Processing Zone (MEPZ) off-highway component machining business.

Sep 09, 2021 05:33 pm ET

Allison Transmission Announces Technology Day

Allison Transmission Holdings Inc. (NYSE: ALSN), Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced that it will host a virtual Technology Day on Wednesday, October 6, 2021 at 10:00 AM ET.

Sep 02, 2021 08:33 am ET

Allison Transmission Announces Expanded Electrification Capabilities and Rebrand of Vehicle Test Center

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce it has significantly expanded the electrification testing capabilities at its Vehicle Environmental Test Center, which will be rebranded as the Vehicle Electrification and Environmental Test Center (VE+ET).

Aug 31, 2021 08:57 pm ET

Allison Transmission and Hino Trucks Partner on Class 6, 7 and 8 BEV Trucks for Production in 2023

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is proud to announce that it has been selected by Hino Trucks as its e-Axle development partner for Class 6, 7 and 8 Battery Electric Vehicle (BEV) trucks. The two companies have signed the framework behind a comprehensive strategic Joint Collaboration Agreement (JCA) that builds on the long-standing partnership Allison and Hino share in the conventional transmission space.

Aug 31, 2021 08:20 pm ET

Allison Transmission Expands eGen Power e-Axle Portfolio to Address Wide Range of Vehicle Applications and Markets

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, announces the addition of its eGen Power 100S and 130D e-Axles to its fully electric portfolio of propulsion solutions at ACT Expo in Long Beach, Cal.

Aug 26, 2021 04:05 pm ET

Allison Transmission and ElDorado National Partner to Bring Electric Hybrid Buses to San Francisco

Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial vehicles and transit buses, is pleased to announce that the Allison H 40 EPTM electric hybrid propulsion system will be integrated into the San Francisco Municipal Transportation Agency’s (SFMTA) Municipal Railway (Muni) buses in partnership with ElDorado National (ENC).

Aug 06, 2021 04:05 pm ET

Allison Transmission Declares Quarterly Dividend

Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.19 per share on the Company’s common stock for the third quarter of 2021. Payment will be made on August 27, 2021, to stockholders of record at the close of business on August 16, 2021.

Aug 05, 2021 08:30 am ET

Allison Transmission Welcomes JK Pareek as Vice President of IS&S, CIO

Jul 28, 2021 04:05 pm ET

Allison Transmission Announces Second Quarter 2021 Results

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today reported a 60 percent increase in net sales from the same period in 2020, as the recovery in customer demand and the global economy continue to strengthen, despite ongoing industry production constraints due to global supply chain challenges.

Jul 22, 2021 08:30 am ET

Allison Transmission Introduces Innovative Propulsion Solution for Off-Highway Market

Jul 14, 2021 04:18 pm ET

Allison Transmission Schedules Second Quarter 2021 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems today announced that it will hold its second quarter 2021 financial results conference call at 8:00 a.m. ET on Thursday, July 29. Chairman and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial perf

Jul 13, 2021 04:05 pm ET

Allison Transmission and IndyGo Partner to Bring Electric Hybrid Buses to Indianapolis Public Transit

Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to announce that in partnership with Cummins and GILLIG, has delivered 24 electric hybrid buses to IndyGo, the Indianapolis Public Transportation Corporation.

Jun 01, 2021 04:21 pm ET

Allison Transmission Introduces Next-Generation Hydraulic Fracturing Transmission

Allison Transmission, a leading designer and manufacturer of conventional and electrified propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, today announced the launch of the Allison FracTran, a revolutionary hydraulic fracturing transmission.

May 25, 2021 04:05 pm ET

Allison Transmission Honored with Legacy Award from The American Lung Association in Indiana

Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, was presented the Legacy Award from the American Lung Association in Indiana at its annual Evening of Promise Gala, held at Victory Field in Indianapolis on Saturday. Allison was honored for its efforts to create a healthy work environment for its employees and for the company’s focus on producing innovative solutions that promote lun

May 24, 2021 04:05 pm ET

Allison Transmission Senior Vice President, Product Engineering & Planning, Randall R. Kirk to Retire August 6, 2021

Randall R. Kirk, Senior Vice President, Product Engineering & Planning of Allison Transmission Holdings, Inc. (NYSE: ALSN) has announced his retirement effective August 6, 2021.

May 18, 2021 04:05 pm ET

Indonesia’s Medium Tank Program Features Allison Transmission

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and military vehicles, is an active participant in defense programs around the world. Most recently, Allison Transmission has proudly collaborated with Caterpillar Defense, FNSS and PT Pindad, to provide a new medium tank to the Indonesian Armed Forces, known as the Harimau. Nail Kurt, FNSS General Manager and CEO, reports planned production of between 200 and 400 of these tanks that are uniquely suited for the dense vegetation prevalent in Asia. (

May 06, 2021 04:05 pm ET

Allison Transmission Declares Quarterly Dividend

Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.19 per share on the Company’s common stock for the second quarter of 2021. Payment will be made on May 28, 2021, to stockholders of record at the close of business on May 17, 2021.

Apr 28, 2021 04:05 pm ET

Allison Transmission Announces First Quarter 2021 Results

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, today reported net sales for the first quarter of $588 million, a 10 percent increase from the fourth quarter of 2020 and an 8 percent decrease from the same period in 2020, as the recovery in customer demand and the global economy that began in the second half of 2020 continued through the first quar

Apr 27, 2021 04:05 pm ET

Allison Transmission Recognized in Episode of Military Makeover Operation Career Airing on Lifetime TV

Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for tactical wheeled and tracked Defense vehicles, medium- and heavy-duty commercial vehicles and a leader in electrified propulsion systems, will appear on Military Makeover Operation Career airing on Lifetime TV. This special edition series captures the stories of military veterans who are transitioning to civilian life and the organizations providing employment opportunities to these veterans to ensure a successful transition.

Apr 26, 2021 07:49 am ET

Allison Transmission Receives Certification from California Air Resources Board for Model Year 2021 Electric Hybrid Propulsion System Paired with Cummins Engines

Allison Transmission Holdings Inc. and Cummins Inc. today announced they have received annual certification from the California Air Resources Board (ARB) for model year 2021 Allison Hybrid 40/50 Electric Propulsion (H 40/50 EP™) system paired with the Cummins B6.7 and L9 diesel-electric hybrid engines.

Apr 22, 2021 08:30 am ET

Allison Transmission and Emergency One Formalize Collaboration on Electric Axle Integration

Allison Transmission, a leading designer and manufacturer of conventional, hybrid and electric vehicle propulsion solutions, in collaboration with Emergency One (UK) Ltd, the market leader in the United Kingdom in the manufacture, service and support of fire and rescue vehicles, is pleased to announce a strategic Memorandum of Understanding (MoU). The two companies will integrate the Allison eGen Power™ 100D electric axle into Emergency One’s fire rescue and emergency vehicle platform as part of this MoU. This builds on the successful relationship to date, where 90% of the units Emergency One

Apr 21, 2021 08:30 am ET

Allison Transmission’s eGen Flex™ Electric Hybrid Solution Introduced in New York City Transit Buses

Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, is pleased to announce that the eGen Flex™, its next generation electric hybrid propulsion solution, will be put into revenue service at New York City Transit (NYCT) in May.

Apr 19, 2021 09:23 am ET

Allison Transmission Releases 2020 Environmental, Social and Governance Report

Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems has released its first-ever Environmental, Social and Governance (ESG) Report designed to provide transparent data on the company’s environmental performance and social impacts.

Apr 14, 2021 04:05 pm ET

Allison Transmission Schedules First Quarter 2021 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE:ALSN), a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, today announced that it will hold its first quarter 2021 financial results conference call at 5:00 p.m. ET on Wednesday, April 28. President and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial pe

Mar 15, 2021 09:00 am ET

Allison Transmission to Present at Bank of America’s Global Industrials Conference

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems, today announced that David S. Graziosi, President & Chief Executive Officer, and G. Frederick Bohley, Senior Vice President, Chief Financial Officer & Treasurer, will present at the Bank of America Global Industrials Conference on Tuesday, March 16. The management team will present at 1:10 p.m. GMT; 9:10 am

Feb 17, 2021 04:05 pm ET

Allison Transmission Announces Fourth Quarter and Full Year 2020 Results

Allison Transmission Holdings Inc. (NYSE: ALSN), a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, today reported net sales for the fourth quarter of $535 million, a 13 percent decrease from the same period in 2019, and a $3 million increase from the third quarter of 2020, as the recovery in customer demand and the global economy that began in the third quarter continued through the end of the year.

Feb 16, 2021 04:05 pm ET

Allison Transmission Partners with American Rheinmetall Vehicles to Produce the Propulsion System for Lynx OMFV Offering

Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for tactical wheeled and tracked defense platforms and a leader in commercial-duty electrified propulsion systems is proud to announce a strategic partnership with American Rheinmetall Vehicles (ARV) to provide the Next-Generation Electrified Transmission (NGET) propulsion system for the Lynx vehicle that is in competition to be selected for the U.S. Army’s Optionally Manned Fighting Vehicle (OMFV) program.

Feb 16, 2021 08:30 am ET

Lawrence E. Dewey to Retire as Allison Transmission Chairman of the Board and Named Chairman Emeritus; David S. Graziosi to Become Chairman of the Board Following 2021 Annual Meeting

Allison Transmission Holdings Inc. (NYSE: ALSN) announced today that Lawrence E. Dewey has notified the company's board of directors of his decision to not stand for re-election at the company's 2021 annual meeting of stockholders. Dewey joined the board in October 2007 as Allison Transmission’s President, CEO and Chairman following the purchase of the Allison business by The Carlyle Group and Onex Corporation.

Feb 11, 2021 04:05 pm ET

Allison Transmission Increases Quarterly Dividend by 12 Percent and Announces Annual Stockholders Meeting and Record Date

Allison Transmission Holdings Inc. (NYSE: ALSN) announced today that its board of directors has approved an increase in the Company’s quarterly dividend from $0.17 to $0.19 per share on the Company’s common stock. The Company’s board of directors also declared a cash dividend of $0.19 per share on the company’s common stock for the first quarter of 2021. Payment will be made on March 5, to stockholders of record at the close of business on February 22.

Feb 11, 2021 08:30 am ET

Walker Die Casting is Positioned to Deliver Unique Customer Solutions

Since being acquired by Allison Transmission in the fall of 2019, Walker Die Casting has embarked upon a multifaceted improvement program to build upon an already rich history and continue providing innovative aluminum die casting solutions well into the future. Allison has made a substantial investment in Walker Die Casting, which has been used for infrastructure improvements, added capabilities and expanded available solutions for customers through approximately 800,000 ft2 of manufacturing space. Such capability improvements include seven new machining centers with full turnkey a

Feb 09, 2021 08:10 am ET

GILLIG to Offer Allison Transmission’s Next Generation eGen Flex™ Electric Hybrid Propulsion System Beginning In 2021

Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, in partnership with GILLIG, a leading manufacturer of heavy-duty transit buses in the United States, today announced that beginning in 2021, GILLIG will offer Allison’s eGen Flex™ electric hybrid propulsion system.

Feb 03, 2021 04:05 pm ET

Allison Transmission Awarded $3.6 Million Engineering Contract to Maintain Superior Performance of the Abrams Powertrain

The U.S. Army selected Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and military vehicles, to undertake an engineering program that builds upon previous analysis and evaluates the X1100-3B1 transmission and final drive changes necessary to expand the Abrams’ performance edge in speed, cruising range and durability.

Jan 27, 2021 04:05 pm ET

Allison Transmission Schedules Fourth Quarter and Full Year 2020 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today announced that it will hold its fourth quarter and full year 2020 financial results conference call at 8:00 a.m. ET on Thursday, February 18. President and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesday, February 17.

Jan 26, 2021 08:05 am ET

Allison Transmission Receives 2019 Master of Quality Award from Daimler Trucks North America

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, announced they are the recipient of the 2019 Master of Quality Award from Daimler Trucks of North America (DTNA). This is the fourth time that Allison has received this elite award from DTNA, and it is the highest recognition they give to their suppliers. The annual award program recognizes outstanding suppliers that received high scores on their quality, delivery, technology and cost performance.

Dec 10, 2020 04:05 pm ET

Autonomous Rigid Dump Truck by North Hauler Features the Allison 8610 Off Road Series™ Fully Automatic Transmission

The recent delivery of autonomous drive rigid dump truck model NTR100A, equipped with an Allison 8610 Off Road Series™ (ORS) fully automatic transmission, by Inner Mongolia North Hauler Joint Stock Co. Ltd (NHL), has accelerated the pace of driverless rigid dump truck development in China. Allison’s proprietary electronic controls optimize the integration of autonomous components and are a key enabler of driverless autonomous mode for the NTR100A rigid dump model. Allison fully automatic transmissions are built to perform in the toughest conditions and offer unrivalled reliability and p

Nov 19, 2020 04:05 pm ET

Allison Transmission Closes Offering of $1 Billion Aggregate Principal Amount of 3.750% Senior Notes Due 2031

Allison Transmission Holdings, Inc. (NYSE: ALSN) (“Allison” or the “Company”) today announced that its wholly owned subsidiary, Allison Transmission, Inc. (the “Issuer”), completed its previously announced offering of $1 billion in aggregate principal amount of 3.750% Senior Notes due 2031 (the “Notes”) in a private placement (the “Offering”) exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The Issuer used the net proceeds from the offering, together with cash on hand, to redeem $1 billion aggregate principal amount of its outstanding 5.000% Senior

Nov 10, 2020 08:30 am ET

Allison Transmission Prices Offering of $1 Billion Aggregate Principal Amount of 3.750% Senior Notes Due 2031

Allison Transmission Holdings, Inc. (NYSE: ALSN) (“Allison” or the “Company”) today announced that its wholly owned subsidiary, Allison Transmission, Inc. (the “Issuer”), priced its offering of $1 billion in aggregate principal amount of 3.750% Senior Notes due 2031 (the “Notes”) on November 9, 2020 in a private placement (the “Offering”) exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”). The Issuer intends to use the net proceeds from the Offering, together with cash on hand, to redeem $1 billion aggregate principal amount of its outstanding 5.000% S

Nov 09, 2020 07:15 am ET

Allison Transmission Announces $1 Billion Senior Notes Offering

Allison Transmission Holdings, Inc. (NYSE: ALSN) (“Allison” or the “Company”) today announced that its wholly owned subsidiary, Allison Transmission, Inc. (the “Issuer”), commenced an offering of $1 billion in aggregate principal amount of senior unsecured notes due 2031 (the “Notes”) in a private placement (the “Offering”) exempt from registration under the Securities Act of 1933, as amended (the “Securities Act”), subject to market conditions. The Company also announced that the Issuer is seeking to enter into an amendment to the credit agreement governing its existing senior secured credit

Nov 05, 2020 04:05 pm ET

Allison Transmission Declares Quarterly Dividend

Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.17 per share on the Company’s common stock for the fourth quarter of 2020. Payment will be made on November 25, 2020, to stockholders of record at the close of business on November 16, 2020.

Oct 29, 2020 01:29 pm ET

Allison Transmission Reschedules Third Quarter 2020 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, has rescheduled its third quarter 2020 financial results conference call to 5:00 p.m. ET on Thursday, October 29, following this morning’s third-party service provider’s technical difficulties. President and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for the period.

Oct 29, 2020 08:54 am ET

Allison Transmission’s Third Quarter 2020 Results Conference Call Delayed Due to Service Provider Technical Issues

Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, announced this morning that it will delay the Company’s earnings conference call to discuss its financial results for the third quarter 2020, due to conference call service provider technical issues. Once an alternative solution has been found, we will announce a rescheduled date and time.

Oct 28, 2020 04:05 pm ET

Allison Transmission Announces Third Quarter 2020 Results

Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, today reported net sales for the third quarter of $532 million, a 20 percent decrease from the same period in 2019 and a 41 percent increase from the second quarter of 2020.

Oct 26, 2020 04:05 pm ET

U.S. Army’s Mobile Protected Firepower Program Features Allison Transmissions

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and military vehicles, is an active participant in the U.S. Army’s combat vehicle modernization plan, including the Mobile Protected Firepower (MPF) program. The two vehicle manufacturers selected to compete for the MPF contract have selected Allison’s 3040 MX cross-drive transmission for their vehicles. The Army intends to procure more than 500 MPF vehicles over the next 10 years.

Oct 14, 2020 08:30 am ET

Allison Transmission Schedules Third Quarter 2020 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today announced that it will hold its third quarter 2020 financial results conference call at 8:00 a.m. ET on Thursday, October 29. President and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesday, October 28.

Oct 07, 2020 04:05 pm ET

Allison Transmission Announces Chief People Officer, Lorraine Parker-Clegg

Allison Transmission is pleased to announce that Lorraine Parker-Clegg joined the company as Chief People Officer in Human Resources on October 5, 2020. She will be responsible for the Global Human Resources agenda in support of the worldwide Allison team. Lorraine has extensive experience both internationally and in the United States. Most recently, she served as Chief Human Resources Officer with Doncasters Group Ltd. based in the United States and headquartered in the United Kingdom. Doncasters is a manufacturer of high precision alloy components designed to operate in demanding conditions,

Oct 06, 2020 04:05 pm ET

Allison Transmission Launches eGen Power™, Its New Zero Emission Electric Axles for Medium and Heavy-Duty Commercial Trucks

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, is pleased to announce the launch of eGen Power, Allison’s new series of fully integrated zero emission electric axles.

Oct 01, 2020 04:05 pm ET

Allison Transmission Receives Innovation Award for On-board Energy Conversion in Military Tactical Vehicles

Allison Transmission and Leonardo DRS received the top 2020 Technology Innovators Award from Military & Aerospace Electronics and Intelligent Aerospace for their transmission in the TITAN On Board Vehicle Power (OBVP) system for medium tactical vehicles and heavy-duty trucks. The three-tiered award recognizes companies who provide military, aerospace and avionics design solutions.

Sep 28, 2020 04:05 pm ET

Allison Transmission Builds on Demonstrated Performance and Improved Shift Quality with Newly Formulated Automatic Transmission Fluid

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, announced today a new formulation of its high-performing transmission fluid. TES 668™ is a modern formulation with many advantages compared to mineral-based, non-synthetic fluids. This next generation transmission fluid is specified for all Allison 1000 Series™, 2000 Series™, 3000 Series™ and 4000 Series™ automatic transmissions.

Aug 26, 2020 05:04 pm ET

Allison Transmission and IndyGo Partner on Next Generation Electric Hybrid Buses

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, is pleased to announce its partnership with IndyGo, the Indianapolis Transportation Corporation, where Allison will supply its next generation electric hybrid propulsion solutions for transit buses as part of a 27-unit bus procurement.

Aug 25, 2020 04:15 pm ET

Allison Transmission Launches eGen Flex, Its New Zero Emission-Capable Electric Hybrid System, Providing Bus Fleets With Full Electric Propulsion for Zero-Emission Zones and Depot Operation

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, is pleased to announce the launch of its new zero emission vehicle (ZEV)-capable electric hybrid system, the eGen Flex, as the initial product offering under its new Allison eGen brand.

Aug 24, 2020 04:05 pm ET

Vehicle Testing Begins at Allison Transmission’s Newly Opened and State-of-the-Art Indianapolis Facility

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, recently opened its new Vehicle Environmental Test (VET) center to conduct year-round testing, replicating vehicle environments and duty cycles, compressing product development times and supporting innovation for the industry.

Aug 14, 2020 04:05 pm ET

Allison Transmission Declares Quarterly Dividend

Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, today announced that its Board of Directors has declared a cash dividend of $0.17 per share on the Company’s common stock for the third quarter of 2020. Payment will be made on August 31, 2020, to stockholders of record at the close of business on August 24, 2020.

Aug 04, 2020 04:05 pm ET

Allison Transmission Announces Second Quarter 2020 Results

Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, today reported net sales for the second quarter of $377 million, a 49 percent decrease from the same period in 2019. The decrease in net sales was principally driven by the ongoing effects of the COVID-19 pandemic on the global economy, resulting in lower demand in all end markets except for the Defense end market.

Jul 30, 2020 04:30 pm ET

UD Trucks and Australia Post Commit to Allison Transmissions

Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and military vehicles, and UD Trucks are partnering to produce another automatic option for trucks in Australia. UD Trucks has a strong history with Allison, widely offering the automatic option in its medium-duty trucks in Australia for more than 12 years.

Jul 28, 2020 08:30 am ET

New York City Transit Authority Places Order for Allison Electric Hybrid Equipped New Flyer Buses to Upgrade Its Fleet

New Flyer and Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions and a supplier of commercial vehicle propulsion solutions, including electric hybrid and fully electric propulsion systems, will deliver 50 Allison electric hybrid equipped buses to the largest transit authority in the U.S., New York City Transit (NYCT). The majority of the electric hybrid buses will be delivered in 2021, allowing Allison to showcase the H 40 EP electric hybrid system’s industry leading reliability and durability. New York City Transit Authority maintains

Jul 16, 2020 08:30 am ET

Allison Transmission Schedules Second Quarter 2020 Earnings Conference Call

Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today announced that it will hold its second quarter 2020 financial results conference call at 8:00 a.m. ET on Wednesday, August 5. President and Chief Executive Officer David S. Graziosi and Senior Vice President, Chief Financial Officer and Treasurer G. Frederick Bohley will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Tuesday, August 4.

Jul 14, 2020 04:59 pm ET

International® RH™ Series Now Available With New Allison 3414 Regional Haul Series™ Transmission

International Truck today announces that the first International® RH™ Series vehicles equipped with the new Allison 3414 Regional Haul Series™ (RHS) transmission have rolled off the manufacturing line.

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Allison Transmission Holdings Inc (N:ALSN)

Business Focus: Heavy Machinery & Vehicles