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INDIANAPOLIS, April 18, 2025 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), 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 that it will hold its first quarter 2025 financial results conference call at 5:00 p.m. EDT on Thursday, May 1, 2025. David S. Graziosi, Chair and Chief Executive Officer, G. Frederick Bohley, Chief Operating Officer and Scott Mell, Chief Financial Officer and Treasurer, will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Thursday, May 1.
INDIANAPOLIS, April 10, 2025 /PRNewswire/ -- Allison Transmission (ALSN), a leading designer and manufacturer of commercial and defense vehicle propulsion solutions, announces the appointment of Scott Mell as its new Chief Financial Officer (CFO) and Treasurer, effective April 14, 2025. This announcement follows the June 2024 appointment of Fred Bohley to Chief Operating Officer (COO), who continued to serve as CFO and Treasurer while the company sought a successor.
Scott is a seasoned business executive with almost 30 years of diverse experience providing strategic and financial leadership and enhancing value in organizations undergoing change. His international experience includes extensive involvement with operations in Asia, Europe and South America. Scott has an established and impressive track record of building consensus with stakeholders of all types, facilitating timely solutions with positive results. His responsibilities frequently included complex and multifaceted opportunities and challenges, and Scott is a proven leader in diverse end markets conditions.
Service channel expansion ensures Allison delivers the Allison Brand Promise to rapidly increasing fielded population outside North America.
INDIANAPOLIS, March 25, 2025 /PRNewswire/ -- Allison Transmission is pleased to announce the expansion of its service network across Japan and West Africa, underscoring its commitment to delivering global customer support and service accessibility to the increasing fielded population of customers and applications using Allison propulsion solutions outside North America.
INDIANAPOLIS, March 18, 2025 /PRNewswire/ -- Allison Transmission today announced that Daimler Truck North America LLC (DTNA) has standardized Allison's FuelSense® 2.0 Neutral at Stop technology for Freightliner and Western Star trucks. This feature is exclusively available on trucks equipped with Allison transmissions. Neutral at Stop, designed to reduce fuel consumption and vehicle emissions by reducing or eliminating the load on the engine when the vehicle is stopped, will be added to Freightliner M2 106 Plus,108SD Plus, 114SD Plus and EconicSD, as well as Western Star 47X and 49X models.
INDIANAPOLIS, Feb. 20, 2025 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), 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, announced today that its Board of Directors has approved an increase in the Company's quarterly dividend from $0.25 to $0.27 per share on the Company's common stock and has declared a cash dividend of $0.27 per share on the Company's common stock for the first quarter of 2025. Payment will be made on March 14 to stockholders of record at the close of business on March 3.
INDIANAPOLIS, Feb. 11, 2025 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today reported all-time high full year net sales of $3.2 billion, increasing 6 percent from 2023. Diluted EPS for the year increased 12 percent year over year to a record $8.31.
David S. Graziosi, Chair and Chief Executive Officer of Allison Transmission commented, "Closing out the year, unprecedented demand for Class 8 vocational vehicles persisted in the fourth quarter of 2024, leading to record full year net sales of $1.8 billion in our North America On-Highway end market. Driven by the realization of our growth initiatives, we achieved decade-high full year net sales in our Defense end market and all-time high full year net sales in our Outside North America On-Highway end market."
INDIANAPOLIS, Feb. 10, 2025 /PRNewswire/ -- Allison Transmission today announced that the company will continue its partnership with HST Otomotiv, Allison's licensed manufacturer in Turkey, on a phase two contract to provide the Allison X1100-5A4 cross-drive transmission for the Next Generation T-155 Firtina 155 mm Self-Propelled Howitzer for the Turkish Armed Forces. This agreement builds upon the success of Phase 1 and is one of several growth opportunities expected to drive $100 million of incremental annual revenue in Allison's Defense end market.
Through its collaboration with XCMG, Allison will offer a new propulsion solution for the mining industry.
INDIANAPOLIS, Feb. 4, 2025 /PRNewswire/ -- Allison Transmission is pleased to announce the availability of our leading edge TerraTran™ fully automatic transmission in the wide body mining dump (WBMD) market for the first time. Allison has partnered with Xuzhou Construction Machinery Group (XCMG) to integrate the transmission into their XG110 WBMD trucks. The first series of 225 trucks equipped with TerraTran have been delivered and are supporting mining operations in Brazil.
INDIANAPOLIS, Jan. 28, 2025 /PRNewswire/ -- Allison Transmission debuted the Allison's 6000 Series™ transmission for wide body dump (WBD) trucks at Bauma CHINA 2024, an international tradeshow for construction and mining machinery. The 6625 WBD transmission is designed to meet the high-performance demands of WBD trucks under rigorous operating conditions, offering unparalleled operational efficiency and reduced total cost of ownership.
"The launch of the 6000 Series transmission in WBD trucks underscores Allison's commitment to delivering specialized solutions to customers in China and the export markets they serve," said Brian Geiselhart, Executive Director, Asia Pacific Sales, Allison Transmission. "The diversification of our portfolio supports Allison's strategic growth initiative to increase our market share in off-highway applications outside North America."
INDIANAPOLIS, Jan. 28, 2025 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), 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 that it will hold its fourth quarter and full year 2024 financial results conference call at 5:00 p.m. EST on Tuesday, February 11, 2025. David S. Graziosi, Chair & Chief Executive Officer, and G. Frederick Bohley, Chief Operating Officer, Chief Financial Officer & Treasurer, will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Tuesday, February 11.