Allison Transmission

Allison Transmission and Yutong Expand Presence in Rwanda

Retrieved on: 
Thursday, March 21, 2024
Automotive, Other Transport, Public Transport, Automotive Manufacturing, Performance & Special Interest, Vehicle Technology, Transport, Manufacturing, Allison Transmission, Growth, Penske Corporation, Multimedia, PGZ, Transmission, Rail transport

Allison Transmission and Yutong Bus Co., Ltd., a leading bus manufacturer in China, are steadfastly growing their presence in Rwanda.

Key Points: 
  • Allison Transmission and Yutong Bus Co., Ltd., a leading bus manufacturer in China, are steadfastly growing their presence in Rwanda.
  • Recently, Kigali, Rwanda's capital city, once again upgraded its fleet with city transit buses equipped with Allison Torqmatic® Series transmissions.
  • View the full release here: https://www.businesswire.com/news/home/20240321544931/en/
    The latest delivery of Allison-equipped city buses arrives in the capital of Rwanda, Kigali, where Yutong buses with Allison Torqmatic® Series automatic transmissions have been in operation since 2014.
  • “Our collaboration with Yutong to deliver transit buses to Rwanda is the latest example of Allison’s continued growth in global export markets,” said Heidi Schutte, Vice President of EMEA, APAC and South America Sales, Allison Transmission.

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

Retrieved on: 
Wednesday, March 20, 2024
EV, Electric Vehicles, Aftermarket, Automotive, Other Transport, Public Transport, Performance & Special Interest, Vehicle Technology, Transport, Flex, Allison Transmission, Noise, Original equipment manufacturer, Partnership, Air conditioning, Carbon, RTA, North Ronaldsay sheep, Transmission

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).

Key Points: 
  • 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.
  • View the full release here: https://www.businesswire.com/news/home/20240320302331/en/
    In support of the city's emergency preparedness plans, the New Orleans Regional Transit Authority (RTA) selected Allison's eGen Flex® electric hybrid propulsion system, in part, for its dependable rechargeable energy storage capabilities.
  • In addition, the electric hybrid solution allows buses to operate accessories, such as air conditioning and heat, at optimal efficiency with clean and quiet electric power.

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

Retrieved on: 
Tuesday, March 19, 2024
Agriculture, Natural Resources, Other Manufacturing, Automotive, Machinery, Automotive Manufacturing, Performance & Special Interest, Manufacturing, AG, Allison Transmission, Growth, Partnership, Multimedia, Soil

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.

Key Points: 
  • 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.
  • Most sprayers in neighboring Argentina, where Allison entered the sprayer market in 2015, are now equipped with Allison fully automatic transmissions.
  • (Photo: Business Wire)
    “We’re proud to integrate Allison’s proven fully automatic transmission into our agriculture sprayer to provide our customers with a product that is specifically designed to meet the unique challenges of the industry,” said Alexandre Kleinschmitt, Co-Owner of KS Pulverizadores.
  • “We are proud to announce our collaboration with KS Pulverizadores to bring fully automatic ag sprayers to Brazil,” said Heidi Schutte, Vice President of EMEA, APAC and South America Sales, Allison Transmission.

Allison Ventures Announces Strategic Investment in Niron Magnetics

Retrieved on: 
Tuesday, February 20, 2024
Green Technology, Automotive Manufacturing, Manufacturing, Environment, Batteries, Automotive, Other Technology, EV, Electric Vehicles, Sustainability, Technology, Mining, Minerals, Other Energy, Alternative Vehicles, Fuels, Alternative Energy, Natural Resources, Energy, Other Manufacturing, Performance & Special Interest, Chemicals, Plastics, Magnet, Magnetism, Allison Transmission, Multimedia, Partnership, Rare-earth element

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.

Key Points: 
  • 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.
  • (Photo: Business Wire)
    "Niron Magnetics is excited to have Allison Ventures as a strategic partner," said Jonathan Rowntree, Chief Executive Officer, Niron Magnetics.
  • The strategic partnership between Allison Ventures and Niron Magnetics addresses the growing demand for sustainable and environmentally friendly solutions in commercial-duty mobility.
  • Allison Ventures intends to back the commercialization and expansion of Niron's non-rare earth magnet technology, alongside other prominent leaders in the automotive industry, by participating in Niron Magnetics' funding round announced today.

Niron Magnetics Secures Funding from Samsung Ventures, Allison Transmission and Magna to Accelerate Production of Rare Earth-Free Magnets

Retrieved on: 
Tuesday, February 20, 2024
Technology, Semiconductor, Automotive, General Automotive, Automotive Manufacturing, Telecommunications, Manufacturing, Audio, Video, Hardware, Consumer Electronics, Magnet, Magnetism, Allison Transmission, Research, Investment, Temperature, Transport, Electronics, Samsung, University, University of Minnesota, Rare-earth element

Niron Magnetics , the company pioneering the world's first high-performance, rare earth-free permanent magnets, today announced it has received $25 million in new strategic funding.

Key Points: 
  • Niron Magnetics , the company pioneering the world's first high-performance, rare earth-free permanent magnets, today announced it has received $25 million in new strategic funding.
  • Allison Ventures, the venture capital arm of Allison Transmission , leading designer and manufacturer of vehicle propulsion solutions, was also part of this funding round, along with one of the world’s largest automotive suppliers, Magna .
  • In addition to Samsung Ventures, Allison Transmission, and Magna, current investors Shakopee Mdewakanton Sioux Community and University of Minnesota also participated in this round, providing additional funding.
  • "We look forward to collaborating closely with all of our investors and partners to work towards enabling a rare earth-free alternative in magnetics."

Allison Transmission Announces Record Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 13, 2024
Other Manufacturing, Automotive, Trucking, Public Transport, Automotive Manufacturing, Recreational Vehicles, Transport, Manufacturing, Allison Transmission, Investment, ALSN, Defense, History, Graziosi, Wheel, EPS, Video game

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.

Key Points: 
  • 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.
  • David S. Graziosi, Chairman and Chief Executive Officer of Allison Transmission commented, “Allison’s fourth quarter marks the highest fourth quarter revenue in our history, leading to a record year driven by strong demand in our largest end markets, and the dedication from our team to realize growth objectives.
  • Through increased earnings and reduction in share count, we are pleased to report record full year Diluted EPS of $7.40 per share.

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

Retrieved on: 
Thursday, February 8, 2024
Other Transport, Trucking, Automotive, Transport, Automotive Manufacturing, Manufacturing, Other Automotive, Logistics, Supply Chain Management, Fleet Management, RHS, Freightliner Cascadia, DTNA, Allison Transmission, Acceleration, Torque, Multimedia, CNG, Overalls, CO2, Daimler Truck North America, Electric motor

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.

Key Points: 
  • 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.
  • View the full release here: https://www.businesswire.com/news/home/20240208165492/en/
    Like all Allison transmissions, the Allison 3414 Regional Haul Series™ works with any fuel source.
  • Its patented torque converter boosts engine torque, compensating for the lower power often associated with compressed natural gas.
  • For more information on Allison’s award-winning 3414 Regional Haul Series, visit allisontransmission.com .

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

Retrieved on: 
Wednesday, February 7, 2024
General Automotive, Engineering, Fleet Management, Automotive Manufacturing, Manufacturing, Automotive, Vehicle Technology, Transport, Primary, Secondary, Education, Public Transport, Other Automotive, Other Manufacturing, Performance & Special Interest, Partnership, Multimedia, Volare, Allison Transmission, Sand, Ministry, School, Student, Road

In partnership with Volare, Brazil's leading minibus manufacturer, Allison Transmission will equip South America's first school buses with fully automatic transmissions.

Key Points: 
  • In partnership with Volare, Brazil's leading minibus manufacturer, Allison Transmission will equip South America's first school buses with fully automatic transmissions.
  • (Photo: Business Wire)
    “The introduction of Allison’s fully automatic transmissions in school buses in Brazil will be revolutionary in the progress of school transportation.
  • The Volare buses, available in 4x2 and 4x4 versions, will be equipped with Allison T2100 xFE® transmissions.
  • “Allison’s partnership with Volare demonstrates our commitment to addressing the needs of the Brazilian market,” said Heidi Schutte, Vice President of EMEA, APAC and South America Sales, Allison Transmission.

Allison Transmission to Drive Innovation with New Venture Capital Arm

Retrieved on: 
Tuesday, January 30, 2024
Other Defense, Automotive Manufacturing, Manufacturing, Start-Up, Finance, Other Automotive, Professional Services, Recreational Vehicles, Defense, Other Transport, Fleet Management, General Automotive, Transport, Aftermarket, Automotive, Vehicle Technology, Transmission, Venture, Multimedia, Corporate development, Automation, Allison Transmission, 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, today announced it is launching Allison Ventures.

Key Points: 
  • 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 it is launching Allison Ventures.
  • Allison Ventures is not a separate investment fund but embedded within Allison’s corporate team.
  • “Allison Ventures will allow us to increase our innovation pipeline in support of industry technology advancement across commercial-duty mobility and work solutions to further our mission to Improve the Way the World Works," said Todd Bradford, Vice President, Strategy, Business and Corporate Development, Allison Transmission.
  • The Allison Ventures team will focus on technologies that will shape the future of commercial-duty mobility and work solutions.

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

Retrieved on: 
Thursday, January 25, 2024
Alternative Vehicles, Fuels, Technology, EV, Electric Vehicles, Aftermarket, Vehicle Technology, Automotive, Engineering, Automotive Manufacturing, Manufacturing, Batteries, Waste management, Allison Transmission, Noise, Natural gas, Oshkosh Corporation, Traction, Collection, Multimedia, Partnership, North Ronaldsay sheep, Transmission, Atmosphere, Rail transport

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.

Key Points: 
  • 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.
  • “Allison is the established propulsion leader in the North America refuse market.
  • This partnership with Oshkosh helps to ensure Allison will continue to meet customer demand now and well in the future as electric vehicle adoption increases.”
    For more information on Allison’s eGen Power solutions, please visit: https://www.allisontransmission.com/ev-solutions/egen-power .