STOCK TITAN

Allison Transmission Partners with Ashok Leyland to Introduce Low- Floor City Buses Equipped with Fully Automatic Transmissions in Indian State of Tamil Nadu

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags
partnership

Allison Transmission and Ashok Leyland have partnered to introduce the first low-floor city buses with fully automatic transmissions in Tamil Nadu, India. The new buses feature Allison Torqmatic® Series transmissions and are designed to accommodate passengers with disabilities, replacing existing manual transmission buses. The Allison T 280 transmissions will be paired with Ashok Leyland's H-series diesel engine (184 kW/246 HP) and manufactured near Chennai. The buses will operate in major cities including Chennai, Madurai, and Coimbatore, reinforcing Allison's position as the market share leader in India's low-floor city bus segment.

Loading...
Loading translation...

Positive

  • Secured major order for automatic transmissions in Tamil Nadu's bus fleet
  • Maintains market leadership in India's low-floor city bus transmission segment
  • Local manufacturing presence near Chennai strengthens supply chain

Negative

  • None.

News Market Reaction 1 Alert

+0.30% News Effect

On the day this news was published, ALSN gained 0.30%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

The southern state of Tamil Nadu upgrades fleets with hundreds of new buses equipped with Allison fully automatic transmissions.

INDIANAPOLIS, Oct. 28, 2024 /PRNewswire/ -- Allison Transmission and Ashok Leyland, the Indian flagship of the Hinduja Group and one of the country's leading commercial vehicle manufacturers, have collaborated to introduce the first low-floor city buses equipped with fully automatic transmissions in India's southern state of Tamil Nadu. Allison Torqmatic® Series transmissions equip the new Ashok Leyland stepless-entry 12-meter diesel buses. The low-floor buses, which are specially designed to accommodate passengers with disabilities, will replace buses equipped with manual transmissions. With this new order, Allison has maintained its role as the market share leader of fully automatic transmissions in the Indian low-floor city bus market.

The Allison-equipped buses will operate routes in major cities including Chennai, Madurai and Coimbatore, along with other major cities in Tamil Nadu. Allison Torqmatic Series transmissions are specifically designed for city and suburban buses and tour coaches. The Allison T 280 transmissions, paired with the Ashok Leyland H-series six-cylinder four-valve 184 kilowatt (246 horsepower) diesel engine, will be delivered from Allison's manufacturing facility located in Tamil Nadu near Chennai.

"This is a major step forward in our efforts to lead the transition to fully automatic transmissions in India," said Heidi Schutte, Vice President of EMEA, APAC and South America Sales, Allison Transmission. "We're pleased to play an integral role in advancing transportation in the state of Tamil Nadu. We look forward to continued partnership with Ashok Leyland and transit customers in India."

To learn more about how Allison is improving the way the world works through this new era of commuting in India, visit https://youtu.be/B2OTW6uLNoM.

To learn more about Allison's commitment to quality through its extensive global service network, visit allisontransmission.com.

About Allison Transmission
Allison Transmission (NYSE: ALSN) is a leading designer and manufacturer of propulsion solutions for commercial and defense vehicles and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions that Improve the Way the World Works. Allison products are used in a wide variety of applications, including on-highway vehicles (distribution, refuse, construction, agriculture, fire and emergency), buses (school, transit and coach), motorhomes, off-highway vehicles and equipment (energy, mining and construction applications) and defense vehicles (tactical wheeled and tracked). Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in more than 150 countries, Allison has regional headquarters in the Netherlands, China and Brazil, manufacturing facilities in the USA, Hungary and India, as well as global engineering resources, including electrification engineering centers in Indianapolis, Indiana, Auburn Hills, Michigan and London in the United Kingdom. Allison also has approximately 1,600 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.

Allison Transmission Holdings Inc. Logo (PRNewsfoto/Allison Transmission Holdings Inc.)

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/allison-transmission-partners-with-ashok-leyland-to-introduce-low--floor-city-buses-equipped-with-fully-automatic-transmissions-in-indian-state-of-tamil-nadu-302288874.html

SOURCE Allison Transmission Holdings Inc.

FAQ

What type of transmissions is Allison (ALSN) supplying to Tamil Nadu's new bus fleet?

Allison is supplying Torqmatic® Series T 280 fully automatic transmissions for the new low-floor city buses.

Which cities in Tamil Nadu will operate the new Allison-equipped buses?

The new buses will operate in major Tamil Nadu cities including Chennai, Madurai, and Coimbatore.

What engine will be paired with Allison's transmission in the new Tamil Nadu buses?

The transmissions will be paired with Ashok Leyland's H-series six-cylinder four-valve diesel engine, producing 184 kilowatts (246 horsepower).

Where will Allison (ALSN) manufacture the transmissions for Tamil Nadu's bus fleet?

The transmissions will be manufactured at Allison's facility located in Tamil Nadu near Chennai, India.
Allison Transmission Hldgs Inc

NYSE:ALSN

ALSN Rankings

ALSN Latest News

ALSN Latest SEC Filings

ALSN Stock Data

8.40B
82.67M
0.61%
103.67%
3.84%
Auto Parts
Motor Vehicle Parts & Accessories
Link
United States
Indianapolis