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Allison Transmission Hldgs Inc - ALSN STOCK NEWS

Welcome to our dedicated page for Allison Transmission Hldgs news (Ticker: ALSN), a resource for investors and traders seeking the latest updates and insights on Allison Transmission Hldgs stock.

Overview

Allison Transmission Holdings Inc. (NYSE: ALSN) is recognized globally as the foremost manufacturer of fully automatic transmissions for commercial vehicles. With a robust portfolio of propulsion solutions that includes advanced electric and hybrid propulsion systems, Allison Transmission enables improved fuel efficiency, operational reliability, and superior performance for a wide range of applications. Its products are pivotal in on-highway trucking, urban transit buses, heavy-duty construction, mining equipment, defense vehicles, and off-highway applications. The company is deeply embedded in the commercial transport ecosystem, leveraging innovative engineering to continuously optimize its automated technology and maintain an edge in the competitive landscape.

Products and Solutions

At the heart of Allison Transmission's offerings is its extensive line of fully automatic transmissions and propulsion systems. These products are engineered to deliver enhanced torque, smooth gear shifting, and overall operational productivity. Key product highlights include:

  • Fully Automatic Transmissions: Designed for medium- and heavy-duty commercial vehicles, these transmissions improve fuel and operator efficiency while reducing maintenance challenges.
  • Hybrid Propulsion Systems: Pioneering advancements in hybrid and electric propulsion, these solutions are integral to urban buses and other applications where low emissions and high performance are critical.
  • Specialty and Cross-Drive Transmissions: Developed for niche applications in defense and specialized vehicles, these systems combine durability with advanced control technology.

Global Footprint and Manufacturing Excellence

Allison Transmission's reach is truly global, with a manufacturing presence spanning the United States, Hungary, India, and beyond. The company operates regional headquarters in strategic markets such as the Netherlands, China, and Brazil, while supporting an expansive network of independent distributors and dealers worldwide. This international presence not only enables localized service and support but also helps align production with regional market requirements. The firm's state-of-the-art facilities embody decades of engineering excellence and continuous investment in advanced manufacturing processes.

Industry Significance and Market Position

As a critical supplier in the commercial transport industry, Allison Transmission holds a significant market share particularly within the on-highway segment. Its technology is integral to enhancing productivity and safety for operators in industries as diverse as refuse collection, construction, emergency services, and military logistics. By focusing on the efficiency and reliability of its propulsion solutions, Allison Transmission consistently meets the robust demands of its global customer base, reinforcing its competitive position in both commercial and defense markets.

Innovation and Technological Leadership

Allison Transmission leverages decades of engineering expertise to drive continuous innovation in propulsion technology. With solutions that incorporate advanced diagnostics, intelligent gear engagement, and customizable power management systems, the company addresses the evolving needs of modern commercial fleets. Its R&D initiatives have resulted in breakthrough products that deliver higher power, improved fuel efficiency, and enhanced durability even under the most rigorous operating conditions. Through strategic partnerships with key industry players, Allison Transmission is consistently refining its technologies to support emerging trends in natural gas, hybrid, and alternative energy applications.

Key Collaborations and Operational Strategy

Allison Transmission's success is underpinned by long-standing relationships with original equipment manufacturers (OEMs), defense program collaborators, and independent dealers. These partnerships enable the streamlined integration of Allison's transmissions into vehicles across various sectors, from heavy-duty trucks and buses to specialized mining and defense vehicles. The company continues to expand its collaboration portfolio, supporting product enhancements that meet evolving regulatory and operational demands across diverse geographies.

Conclusion

In summary, Allison Transmission stands as a pillar of technological sophistication and operational excellence in the global transportation sector. Its commitment to quality, innovation, and efficient propulsion solutions has made it indispensable to a range of industries including commercial transportation, defense, and energy. Investors and industry observers alike look to Allison Transmission as a benchmark in fully automatic transmission and hybrid propulsion technology, fundamentally shaping the way the world moves.

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Allison Transmission partners with Volare, Brazil's leading minibus manufacturer, to equip South America's first school buses with fully automatic transmissions. Brazil’s National Fund for Educational Development (FNDE) recently announced grants to finance 320 new buses equipped with Allison Torqmatic™ Series transmissions as part of its School Path Program, providing public school students with safer and more reliable transportation. The collaboration aims to revolutionize school transportation in Brazil, particularly in rural areas with challenging road conditions. The partnership demonstrates Allison's commitment to addressing the needs of the Brazilian market and showcasing adaptability and dedication to providing efficient and reliable propulsion solutions.
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Allison Transmission announced the launch of Allison Ventures, a strategic investment initiative to partner with start-up and growth-stage companies in the commercial-duty mobility and work solutions sector. The venture aims to advance Allison's global strategy in the mobility market, focusing on technologies related to connectivity, digitization, automation, sustainability, electrification, manufacturing, and operations.
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Allison Transmission has been 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 e-Axle has been successfully integrated into the McNeilus® Volterra™ ZSL™ electric refuse vehicle, designed to minimize environmental impact and reduce noise in communities worldwide. Oshkosh recognized the performance, packaging efficiency, reliability, durability, and customer support of Allison's eGen Power 100S architecture, which will extend the range of the electric refuse collection vehicle. This collaboration marks the first time the eGen Power electric axles will be implemented into a vehicle serving refuse collection applications, showcasing Allison's ability to deliver innovative propulsion solutions for various electric applications.
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Allison Transmission Holdings Inc. (ALSN) will hold its fourth quarter and full year 2023 financial results conference call on February 13, 2024. The company's Chairman and CEO, David S. Graziosi, along with G. Frederick Bohley, CFO and Treasurer, will review the financial performance. The news release will be issued post-market on the same day. A live webcast and replay will be available for those unable to participate in the conference call.
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Allison Transmission has announced 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 SANY's lineup of mining vehicles, including the next-generation SANY SKT105 wide body mining dump (WBMD) truck, rigid dump trucks, and articulated dump trucks (ADT). This partnership aims to enhance productivity and maneuverability in severe duty-cycles and harsh mining conditions, driving significant global market share gains for Allison.
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Allison Transmission, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, has 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. The company will deliver the transmissions throughout 2024 to meet the performance demands of the Abrams tank. This contract continues the Allison long-term relationship built on quality, reliability, and commitment to the warfighter.
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Allison Transmission has ratified a new collective bargaining agreement with UAW Local 933, covering 1600 employees in Indianapolis, Indiana. The four-year contract expires on November 14, 2027, reflecting the company's commitment to employee well-being and future growth.
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Allison Transmission Holdings Inc. (NYSE: ALSN) has declared a cash dividend of $0.23 per share for the fourth quarter of 2023. The dividend will be paid on November 30, 2023, to stockholders of record as of November 13, 2023.
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Allison Transmission reports Q3 2023 net sales of $736 million, up 4% YoY, and diluted EPS of $1.76, up 21% YoY. The company reaffirms its full-year 2023 guidance.
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Allison Transmission's X1100-5A3™ cross-drive selected as the propulsion solution for Hanwha Redback in Australia's Infantry Fighting Vehicle acquisition project.
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FAQ

What is the current stock price of Allison Transmission Hldgs (ALSN)?

The current stock price of Allison Transmission Hldgs (ALSN) is $88.39 as of April 22, 2025.

What is the market cap of Allison Transmission Hldgs (ALSN)?

The market cap of Allison Transmission Hldgs (ALSN) is approximately 7.6B.

What is the core business of Allison Transmission Holdings Inc.?

Allison Transmission specializes in designing and manufacturing fully automatic transmissions and advanced propulsion solutions for medium- and heavy-duty commercial vehicles, as well as specific defense and off-highway applications.

Which industries heavily rely on Allison Transmission products?

Their transmissions are essential in industries such as on-highway trucking, urban transit buses, construction, mining, defense, and specialized off-highway applications.

What makes Allison Transmission stand out from competitors?

The company’s focus on robust, efficient, and technologically advanced fully automatic transmissions, coupled with its expansive global manufacturing and distribution network, helps it maintain industry significance and reliability.

How does Allison Transmission support innovation in its products?

Allison continuously reinvests in R&D to enhance system diagnostics, gear engagement technologies, and overall operational efficiency, ensuring its products meet the evolving demands of modern fleets.

Where are Allison Transmission’s manufacturing facilities located?

Their state-of-the-art manufacturing facilities are strategically located in the United States, Hungary, India, and other regions, supplemented by regional headquarters in markets such as the Netherlands, China, and Brazil.

What types of partnerships does Allison Transmission engage in?

The company partners with original equipment manufacturers, defense program collaborators, and independent distributors to integrate its advanced transmission systems into vehicles worldwide.
Allison Transmission Hldgs Inc

NYSE:ALSN

ALSN Rankings

ALSN Stock Data

7.59B
84.72M
0.64%
101%
2.11%
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