Allison Transmission Holdings, Inc. reports news on high-performance mobility and work solutions for commercial, off-highway and defense applications. The company manufactures fully automatic transmissions and related drive and motion systems used across transportation, infrastructure, mining, energy, agriculture, construction and national security markets.
Recurring Allison news includes quarterly and annual earnings, demand by end market, dividend and share-repurchase actions, product integrations with commercial vehicle manufacturers, and updates tied to its Allison Transmission and Allison Off-Highway Drive & Motion Systems business units. Following the completed acquisition of Dana's Off-Highway business, company updates also address integration, segment reporting and the expanded off-highway product portfolio.
Allison Transmission (ALSN) has announced the availability of its 3000 Series™ automatic transmission for the CNG-powered Mack Granite® in waste management applications. This follows the 2023 launch of the Allison 4500 Rugged Duty Series™ with the same vehicle. The 3000 Series™ is designed for medium and heavy-duty vehicles, supporting engines with 210-450 horsepower and torque capacities up to 1,250 lb-ft.
The transmission pairs with various fuel types, including diesel and CNG, offering improved fuel efficiency and reduced emissions. This integration aims to help refuse fleets achieve sustainability goals while maintaining productivity through seamless, full-power shifts.
Allison Transmission Holdings (NYSE: ALSN) has announced a quarterly dividend of $0.27 per share for Q2 2025. The dividend will be paid on May 30, 2025, to stockholders of record as of May 19, 2025. The company noted that future dividend payments will be subject to Board approval and various factors including financial position, operations results, cash availability, and capital requirements.
Allison Transmission has been chosen to supply its 3040 MX cross-drive transmission for all three Government-funded OEMs participating in India's Future Infantry Combat Vehicle (FICV) program. The program aims to replace the Indian Army's aging BMP-II Infantry Fighting Vehicles with modern, domestically manufactured combat vehicles.
With India planning to procure approximately 1,750 FICVs, the potential revenue opportunity for Allison could reach several hundred million dollars over the next two decades. The company's Chennai manufacturing facility, established 15 years ago, is set to double its footprint as announced in 2024, aligning with India's 'Make in India' initiative.
The 3040 MX transmission, built on the X300 transmission's foundation, features advanced electronic system controls for improved shifting, torque management, and obsolescence management. It is currently used in the U.S. Army's M10 Booker tank.
Allison Transmission Holdings (NYSE: ALSN), a leading designer and manufacturer of vehicle propulsion solutions, has scheduled its first quarter 2025 earnings conference call for Thursday, May 1, 2025, at 5:00 p.m. EDT. The financial results will be released after market close on the same day.
Key executives participating in the call include David S. Graziosi (Chair and CEO), G. Frederick Bohley (COO), and Scott Mell (CFO and Treasurer). The conference call will be accessible via phone and webcast, with replay available from May 1 to May 15, 2025.
Allison Transmission (ALSN) has appointed Scott Mell as its new Chief Financial Officer and Treasurer, effective April 14, 2025. This follows Fred Bohley's transition to Chief Operating Officer in June 2024, who had continued serving as CFO during the succession search.
Mell brings nearly 30 years of strategic and financial leadership experience, including significant international operations expertise in Asia, Europe, and South America. In his new role, he will oversee all aspects of financial management, including planning, budgeting, reporting, analysis, and regulatory compliance. He will also manage treasury strategy, cash management, risk management, and investor relations.
Allison Transmission has announced a significant expansion of its service network across Japan and West Africa to support its growing customer base outside North America.
In Japan, the company has increased its Authorized Service locations from 7 to 29 over the past decade, driven by rising demand for Allison-equipped vehicles. Key partnerships include SYNAGY expanding services in the Chubu region, and new agreements with Sanko Diesel and Chikuho Seisakusho.
In West Africa, Allison has partnered with SMT Ghana as an Authorized Dealer, leveraging their expertise in construction, transport, and mining vehicles. This expansion is part of Allison's strategy to strengthen its global service network of approximately 1,600 independent dealer and distributor locations, supporting growth in On-Highway, Off-Highway, and Defense markets.
Allison Transmission (ALSN) announced that Daimler Truck North America has standardized Allison's FuelSense® 2.0 Neutral at Stop technology for Freightliner and Western Star trucks. The technology will be implemented in multiple truck models including Freightliner M2 106 Plus, 108SD Plus, 114SD Plus, EconicSD, and Western Star 47X and 49X.
The Neutral at Stop feature, exclusively available with Allison transmissions, reduces fuel consumption and emissions by minimizing or eliminating engine load when vehicles are stopped. As part of Allison's FuelSense 2.0 technology suite, it delivers fuel savings of up to 6% while maintaining quality, reliability, durability, and productivity.