Navistar Expands Production Suspension; Allison Pauses Work Too
Navistar International Corp. announced it is broadening its temporary suspension in manufacturing operations, and Allison Transmission Holdings Inc. announced it has temporarily suspended production at select manufacturing facilities.
Allison Increases Regular Dividend, Schedules Annual Meeting
Allison Transmission Holdings Inc. announced its board of directors approved an increase in the company’s quarterly dividend to 17 cents from 15 cents on its common stock.
February 28, 2020Allison Wins Army Contract
Allison Transmission announced it will provide more than 300 of its X200-4A propulsion solutions for the U.S. Army’s M113 armored personnel carrier family of vehicles through 2021 to support the Army’s mission of improving combat readiness.
December 9, 2019Allison Reports Lower Q3 Results
Allison Transmission Holdings Inc. reported lower net income and revenue in the third quarter amid uneven demand in its markets.
Allison Debuts New Regional-Haul Transmission
ATLANTA — Allison Transmission introduced a new, regional-haul transmission that is designed to handle mixed duty cycles, and named Daimler Trucks North America as the first truck-maker to offer the unit.
Allison Acquires Key Suppliers
Allison Transmission Holdings Inc., the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, announced it acquired the assets and certain liabilities of Walker Die Casting, Lewisburg, Tenn., and C&R Tool and Engineering, Muscle Shoals, Ala.
September 9, 2019Allison Transmission Posts 4% Increase in Net Income for 2Q
Allison Transmission Holdings, the largest global provider of commercial fully-automatic transmissions, reported net income for the second quarter was up 4% to $181 million, compared with $174 million for the same period in 2018, according to a July 31 earnings release.
Allison Reports Increased Net Income, Revenue in First Quarter
Allison Transmission Holdings Inc. reported higher first-quarter net profit and revenue amid strength in the North American On-Highway market.
Allison Invests in New Testing Facility
Allison Transmission announced it is investing in a new vehicle testing facility to support testing for a wide range of propulsion systems, including conventional powertrains, alternative fuel, electric hybrid and fully-electric vehicles.
March 1, 2019Allison Transmission Reports Record Revenue, Net Income for 2018
Allison Transmission Holdings Inc. reported record annual revenue and net income for 2018 while tax-related and interest expense factors led to mixed fourth-quarter results.