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A Collection of Allison Transmission Inc News Release
Updated: 2 hours 31 min ago

Allison Transmission to present at Oppenheimer Annual Industrial Growth Conference

Thu, 04/27/2017 - 09:01
INDIANAPOLIS, April 27, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that G. Frederick Bohley III, vice president of finance, will present at The Oppenheimer 12th Annual Industrial Growth Conference at the Westin Grand Central Hotel in New York on May 9. Bohley will present at 10:45 a.m. EDT. The presentation materials and webcast will be available on the Allison website at http://ir.allisontransmission.com. A replay of the webcast will remain available on the company's website for 90 days. About Allison Transmission Allison Transmission (NYSE: ALSN) is the world's largest manufacturer of fully automatic tran...
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Allison Transmission Announces First Quarter 2017 Results

Wed, 04/26/2017 - 16:01
-- Net Sales $499 million, Net Income $83 million, Adjusted EBITDA $192 million, Net Cash Provided by Operating Activities $111 million, Adjusted Free Cash Flow $103 million INDIANAPOLIS , April 26, 2017 /PRNewswire/ --  Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today reported net sales for the first quarter of $499 million , an 8 percent increase from the same period in 2016. The increase in net sales was principally driven by higher demand in the Service Parts, Support Equipment & Other end market. Net Income for the quarter was $83 million compared to...
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Allison Transmission and China National Heavy Duty Truck Group Corp. to evaluate strategic partnership

Wed, 04/19/2017 - 02:30
U.S. manufacturer of fully automatic transmissions and Chinese producer of commercial-duty trucks will assess opportunities to meet growing demand in China SHANGHAI, April 19, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) and China National Heavy Duty Truck Group Corp. Ltd. (CNHTC) today announced an agreement to explore a strategic partnership to optimize fully automatic transmission technologies for the Chinese market. Executives from both companies signed a cooperation agreement during a ceremony at Auto Shanghai 2017. "The heavy-duty truck market in China represents a major growth opportunity for Allison and we're pleased to ...
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Allison Transmission schedules first quarter 2017 earnings conference call

Wed, 04/12/2017 - 08:30
INDIANAPOLIS, April 12, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that it will hold its first quarter 2017 financial results conference call on Thursday, April 27 at 8 a.m. EDT. Chairman and Chief Executive Officer Lawrence E. Dewey, and President, Chief Financial Officer and Treasurer David S. Graziosi will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesday, April 26. The dial-in phone number for the conference call is 1-877-407-9039 and the international dial-in number is 1-201-689-8470. A live webcast of the confe...
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Allison TC10® to be available in Kenworth and Peterbilt models this year

Thu, 03/23/2017 - 08:31
Fully automatic transmission for Class 8 tractors will be offered by PACCAR in the Kenworth T680 and T880, and Peterbilt 567 and 579 INDIANAPOLIS, March 23, 2017 /PRNewswire/ -- Allison Transmission today announced its TC10® for Class 8 tractors will be available from PACCAR later this year in the Kenworth T680 and T880, and Peterbilt 567 and 579 models. "We're pleased to partner with PACCAR to introduce our TC10 in their vehicles," said Heidi Schutte, vice president of marketing and sales for the Americas with Allison Transmission. With an innovative and unique design, the fully automatic TC10 combines Allison's torque converter with a twin counte...
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Allison Transmission announces FuelSense® 2.0 with DynActive™ Shifting

Tue, 03/14/2017 - 12:30
Latest version of fuel-saving technology offers a combination of upgraded features to further optimize fuel savings INDIANAPOLIS, March 14, 2017 /PRNewswire/ -- Allison Transmission today announced FuelSense® 2.0 featuring DynActive™ Shifting, delivering up to 6 percent additional fuel savings beyond the company's original FuelSense software. Available in three packages, FuelSense 2.0 allows fleets to optimize fuel economy and performance to their specific needs. "This latest technology further reduces fuel consumption in all segments of a vehicle's duty-cycle," said Heidi Schutte, vice president of marketing and sales for the Americas with Allison Tra...
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Allison Transmission to present at Bank of America Merrill Lynch Global Industrials & EU Autos Conference

Tue, 03/07/2017 - 16:03
INDIANAPOLIS, March 7, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that David S. Graziosi, President, Chief Financial Officer and Treasurer, and G. Frederick Bohley III, Vice President, Finance, will present at the Bank of America Merrill Lynch Global Industrials & EU Autos Conference in London on Tuesday, March 21. The management team will present at 9:40 a.m. GMT (5:40 a.m. EDT).  The presentation materials and webcast will be available on the Allison website at ir.allisontransmission.com. A replay of the webcast will remain available for 12 months. About Allison Transmission Allison Transmission (NYSE: ...
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Allison Transmission Declares Quarterly Dividend and Announces 2017 Annual Stockholders' Meeting and Record Date

Thu, 02/23/2017 - 16:32
INDIANAPOLIS, Feb. 23, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), today announced that its board of directors has declared a cash dividend of $0.15 per share on the Company's common stock for the first quarter of 2017. Payment will be made on March 15, 2017, to stockholders of record at the close of business on March 6, 2017. The payment of any future dividends will be at the discretion of the board of directors and will be dependent upon Allison Transmission's financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the board of directors. The Company als...
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Independent testing proves Allison 2500 transmission delivers 5 percent better fuel economy than Eaton Procision®

Wed, 02/22/2017 - 07:01
Allison fully automatic with FuelSense® beats Eaton dual clutch transmission in third-party analysis INDIANAPOLIS, Feb. 22, 2017 /PRNewswire/ -- Allison Transmission today announced results of certified, third-party testing that proves its fully automatic Allison 2500 with FuelSense® technology provides 5 percent better fuel economy than the Eaton Procision® dual clutch transmission (DCT). Assuming 50,000 miles per year at 7 mpg and $2.60 per gallon, fleet operators can annually save at least $900 in fuel per vehicle by choosing an Allison Automatic with FuelSense over the Eaton Procision®. Aside from the different transmissions, two equally spec'd ...
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Allison Transmission and Cummins receive certification from California Air Resources Board for model year 2017 H 40/50 EP™ system paired with B6.7 and L9 engines

Wed, 02/08/2017 - 08:00
Originally approved in 2014, Executive Order must be approved for eligibility on a model year basis INDIANAPOLIS, Feb. 8, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) and Cummins Inc. (NYSE: CMI) today announced certification from the California Air Resources Board (ARB) for model year 2017 Allison Hybrid H 40 EP™ / H 50 EP™ propulsion systems paired with the Cummins B6.7 and L9 diesel-electric hybrid engines used in transit buses and coaches. Originally issued by the ARB in 2014, the dual Executive Order (EO) is required to be reviewed for renewed eligibility on a model year basis. The paired Allison Hybrid EP systems and Cummins engine is used in both straig...
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Allison Transmission Announces Fourth Quarter and Full Year 2016 Results

Mon, 02/06/2017 - 16:03
- Fourth Quarter 2016: Net Sales $469 million, Net Income $61 million, Adjusted EBITDA $158 million, Net Cash Provided by Operating Activities $175 million, Adjusted Free Cash Flow $146 million - Full Year 2016: Net Sales $1,840 million, Net Income $215 million, Adjusted EBITDA $644 million, Net Cash Provided by Operating Activities $591 million, Adjusted Free Cash Flow $530 million INDIANAPOLIS, Feb. 6, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today reported net sales for the fourth quarter of $469 million, a 2 percent decrease from the same period in 2015. The decrease in net sal...
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Allison Transmission announces Stock Repurchase Agreement with ValueAct Capital and Cooperation Agreement with Ashe Capital

Mon, 02/06/2017 - 15:58
INDIANAPOLIS, Feb. 6, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that it has entered into a Stock Repurchase Agreement with ValueAct Capital Master Fund, L.P. ("ValueAct Capital") and has entered into a Cooperation Agreement with Ashe Capital Management LP ("Ashe Capital").  The Company also announced that William R. Harker of Ashe Capital will be nominated for election to the Company's board of directors at the Company's 2017 annual meeting of stockholders, taking the place of Gregory P. Spivy of ValueAct Capital, who has indicated that he will not stand for reelection. "The Stock Repurchase Agreement with ValueA...
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Allison Transmission Schedules Fourth Quarter and Full Year 2016 Results Conference Call

Wed, 01/18/2017 - 16:01
INDIANAPOLIS, Jan. 18, 2017 /PRNewswire/ -- 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 2016 financial results conference call at 8:00 a.m. ET on Tuesday, Feb. 7. Chairman and Chief Executive Officer Lawrence E. Dewey; and President, Chief Financial Officer and Treasurer David S. Graziosi will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Monday, Feb. 6. The dial-in phone number for the conference call is 1-877-407-9039 and the international dial-i...
Categories: News