INDIANAPOLIS, Aug. 8, 2025 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.27 per share on the Company's common stock for the third quarter of 2025. Payment will be made on August 29, 2025, to stockholders of record at the close of business on August 20, 2025.

The payment of any future dividends will be at the discretion of the Board of Directors and will be dependent upon Allison Transmission's financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board of Directors.

Brazil's Fleet Modernization Signals Long-Term Growth Potential in School Bus Market

INDIANAPOLIS, Aug. 5, 2025 /PRNewswire/ -- Allison Transmission, a global leader in propulsion technology, is supporting Brazil's modernization of student transportation through the delivery of microbuses from Brazilian OEM Volare, a Marcopolo South America business division. The buses are equipped with Allison's T2100 automatic transmissions with extra fuel efficiency (xFE™). In collaboration with the National Fund for Educational Development (FNDE), these vehicles represent the first school buses with fully automatic transmissions in South America.

INDIANAPOLIS, Aug. 4, 2025 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), today reported second quarter net sales of $814 million, with top-line performance driven by continued strength in the Defense end market and record quarterly net sales in the Outside North America On-Highway end market. In addition, Allison announced during the quarter that the company had entered into a definitive agreement to acquire the Off-Highway business of Dana Incorporated, a global provider of drivetrain and propulsion solutions, with operations in more than 25 countries, for approximately $2.7 billion. This acquisition is expected to close late in the fourth quarter of 2025.

New and Only CARB-Compliant Fully Automatic Transmission and Diesel Engine Pairing to Deliver Lower Emissions While Maintaining Optimized Performance for Heavy-Duty Vehicles

INDIANAPOLIS, July 30, 2025 /PRNewswire/ -- Allison Transmission is pleased to announce the Allison 4000 Series™ fully automatic transmission is now available with the new CARB low NOx compliant PACCAR MX-13 engine for Kenworth T880 and Peterbilt Model 567 truck models. The Allison 4000 Series™ is the only fully automatic transmission available with the MX-13 engine that is CARB-compliant and the pairing is designed to optimize performance and reduce NOx emissions.

NGET Program Phase 2 Will Focus on Enhancing Power Capabilities and Noise Reduction in Combat Vehicles

INDIANAPOLIS, July 22, 2025 /PRNewswire/ -- Allison Transmission, a global leader in commercial and defense vehicle propulsion solutions, is pleased to announce that it has been awarded a multi-million contract by the Ground Vehicle Systems Center (GVSC) for the second phase of the Next Generation Electrified Transmission (NGET) program. This program follows NGET Phase 1 funding, which focused on design, development and testing of an electric hybrid sub-system. Phase 2 will focus on enhancing the eMachine and Inverter system to achieve flexible power modes, thereby reducing the noise and improving the capabilities of electrified vehicle fleets.

INDIANAPOLIS, July 21, 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 second quarter 2025 financial results conference call at 5:00 p.m. EDT on Monday, August 4, 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 Monday, August 4.

The Borsuk, the newest of many Allison-equipped vehicles developed for Poland, will drive the company's growth in the Defense end market.

INDIANAPOLIS, July 16, 2025 /PRNewswire/ -- Allison Transmission, a leading designer and manufacturer of vehicle propulsion solutions for tactical wheeled and tracked defense vehicles, has secured a new order of 3040 MX™ cross-drive transmissions for Poland's Borsuk Infantry Fighting Vehicle (IFV) program. This follows the Memorandum of Understanding announced in 2023 between Allison and Grupa Zbrojeniowa (PGZ) for the cooperation on tracked vehicle programs and the expansion of Allison's Authorized Service Network in Poland.

INDIANAPOLIS, July 14, 2025 /PRNewswire/ -- Allison Transmission is pleased to announce the Maryland Department of Transportation Maryland Transit Administration has selected New Flyer buses equipped with the Allison eGen Flex® hybrid propulsion system to operate in the metropolitan Baltimore region. The 40-foot electric-hybrid buses will be built in 2025.

The eGen Flex system is engineered to advance the efficiency of public transportation and help cities reduce their carbon footprint. The propulsion solution's innovative geofencing technology allows buses to operate up to 50% of their route in engine-off mode, which leads to a substantial reduction of both emissions and noise. The eGen Flex also offers improved fuel economy of up to 25% compared to diesel buses, demonstrating bottom-line benefits for municipalities around the world.

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 Incorporated, a leading provider of drivetrain and propulsion solutions, for approximately $2.7 billion. 

This acquisition aligns with Allison's strategic priorities to expand its emerging markets footprint, enhance core technologies and deliver strong financial results. Upon completion of the transaction, Allison will be able to offer a wider range of commercial-duty powertrain and industrial solutions to more customers and end users worldwide.

A Sustainable and Efficient Solution for Waste Management Applications

INDIANAPOLIS, May 20, 2025 /PRNewswire/ -- Allison Transmission, a world leader in commercial vehicle transmissions, is excited to announce that its 3000 Series™ automatic transmission is now available in the CNG-powered Mack Granite® for waste management customers. This latest release follows the successful launch of the Allison 4500 Rugged Duty Series™ transmission with the Mack Granite CNG in 2023.

"This expanded powertrain option gives our customers more flexibility to optimize their trucks specifically for lighter duty waste applications," said Jonathan Randall, president, Mack Trucks North America. "By offering the Allison 3000 paired with the L9N, we're delivering a solution that reduces acquisition costs while maintaining the reliability and performance Mack customers expect, particularly for light-duty roll-off applications where a higher GVWR isn't necessary."

INDIANAPOLIS, May 7, 2025 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.27 per share on the Company's common stock for the second quarter of 2025. Payment will be made on May 30, 2025, to stockholders of record at the close of business on May 19, 2025.

The payment of any future dividends will be at the discretion of the Board of Directors and will be dependent upon Allison Transmission's financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board of Directors.

INDIANAPOLIS, May 1, 2025 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), today reported first quarter net sales of $766 million, with top-line performance driven by strength in the North America On-Highway and Defense end markets.

David S. Graziosi, Chair and Chief Executive Officer of Allison Transmission commented, "Allison is well-positioned to navigate current trade uncertainties, utilizing our global footprint to provide our North American customers with Made in USA products while supplying our Outside North America customers with on-highway products produced outside North America."

INDIANAPOLIS, April 23, 2025 /PRNewswire/ -- Allison Transmission, the world's largest manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, has been selected to provide its 3040 MX cross-drive transmission for all three Government-funded original equipment manufacturers (OEMs) competing in India's Future Infantry Combat Vehicle (FICV) prototype program. The FICV program aims to modernize the Indian Army's fleet by replacing the aging BMP-II Infantry Fighting Vehicles (IFVs) with advanced, domestically manufactured combat vehicles.

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.