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General Motors extensively used the 8L family of vehicle transmissions in a variety of vehicles through its lineup, all of ...
More GM truck owners are reaching out to GM Authority stating that they've been waiting weeks and possibly even months for a fix, with no clear timeframe.
Dana's strategic sale and Allison's acquisition streamline operations, reduce debt, and diversify revenue, while positioning for growth amid industry headwinds. See more.
Allison Transmission has purchased Dana’s off-highway business for about US$2.7 billion. Allison says the acquisition aligns with its strategic priorities to expand emerging markets, enhance core ...
Allison Transmission is acquiring most of Dana’s off-highway business for about $2.7 billion in cash, which is about 6.8 times adjusted EBITDA.
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, founded in 1915 and headquartered in Indianapolis, Indiana, is the largest global manufacturer of medium- and heavy-duty fully automatic transmissions.
Transmission provider Allison Transmission (NYSE:ALSN) fell short of the market’s revenue expectations in Q1 CY2025, with sales falling 2.9% year on year to $766 million. On the other hand, the ...
INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Allison Transmission Holdings Inc. (ALSN) on Thursday reported first-quarter profit of $192 million.
I look forward to working with the global Allison Transmission team to drive financial performance, deliver strategic growth initiatives and enhance shareholder value," said Scott Mell.
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