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Auto parts maker Dana has signed an agreement for the sale of its off-highway business to Allison Transmission for a total of $2.7bn.

Dana will sell its off-highway business to Allison Transmission for $2.7 billion, the auto parts makers said on Wednesday.

Allison Transmission Holdings said it agreed to buy Dana’s Off-Highway unit for about $2.7 billion. Allison said the deal is expected to immediately add to diluted earnings per share, and ...

Indianapolis-based Allison Transmission Holdings Inc. is planning to acquire the off-highway business unit of Ohio-based Dana Inc. in a deal valued at $2.7 billion. Allison said the acquisition ...

INDIANAPOLIS, June 11, 2025 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced it has entered into a definitive agreement to acquire the Off-Highway business of Dana ...

Allison Transmission Holdings, Inc. (NYSE:ALSN) Q1 2025 Earnings Call Transcript May 1, 2025Allison Transmission Holdings, Inc. misses on earnings expectations.

Allison is very well protected from US tariffs, in our opinion. Its factory setup lets it supply American customers with made-in-America transmissions and foreign customers via plants outside the US.