Allison Transmission CEO to retire in 2018
The Allison board plans to consider internal and external candidates to replace Lawrence Dewey, 60, who has served as Allison’s top executive since 2007.
Allison Transmission
Articles
Low fuel prices tank Allison’s hybrid-transmission line
Allison’s hybrid bus transmission sales have tanked, and the company says it’s postponing production of hybrid truck transmissions until market conditions improve.
Allison Transmission profit rises on lower revenue
Allison Transmission posted revenue of $474.9 million in the period, down from $511 million last year.
Allison Transmission’s quarterly results top expectations
Allison Transmission Holdings Inc. on Monday reported first-quarter earnings and profit that came up short of last year’s results but still exceeded Wall Street expectations.
Allison tops expectations despite drop in profit, revenue
The Indianapolis-based manufacturer realized earnings of $13 million in the fourth quarter, down from $50.5 million in the fourth quarter of 2014.
PROXY CORNER: Allison Transmission Holdings Inc.
Indianapolis-based Allison Transmission Holdings Inc. designs and manufactures commercial and military fully automatic transmissions and hybrid-propulsion systems for transit buses.
Allison tops expectations with quarterly results
Allison Transmission Holdings Inc. on Monday reported shrinking revenue and profit in the third quarter, but the results still topped analyst predictions.
Allison’s sales, profit fall on lower global demand
Allison Transmission Holdings Inc. saw revenue and sales slip in the second quarter as global demand for its products waned, the Indianapolis-based manufacturer announced late Monday.
Indy’s top 11 acquisition deals, before Anthem-Cigna
Anthem’s $54 billion bid for rival insurer Cigna is twice the size of the next-largest acquisition in the Indianapolis area, which occurred nearly a decade ago.
Allison Transmission beats expectations with higher profit
Allison Transmission Holdings Inc. on Monday reported a first-quarter profit that exceeded analyst expectations, but fell short of revenue predictions.
Allison exceeds expectations with quarterly report
The Indianapolis-based manufacturer had sales of $544.4 million in its fourth quarter, an 11-percent increase over the same period of 2013. Profit rose to $50.5 million, up from $42.9 million.
PROXY CORNER: Allison Transmission Holdings Inc.
Indianapolis-based Allison Transmission Holdings Inc. designs and manufactures commercial and military fully automatic transmissions and hybrid-propulsion systems for transit buses.
Allison exceeds expectations with quarterly report
The Indianapolis-based manufacturer had sales of $553 million in the quarter ended Sept. 30, a 19-percent increase over the same period of 2013. Profit rose to $68.8 million, up from $44.5 million.
Accolades all around as Allison owners exit
Private equity firms Carlyle Group and Onex Group fared well on their purchase of Indianapolis-based Allison Transmission, with the $763 million each put into the 2007 deal more than tripling in value.
Allison profit upshifts on North American demand
In its second quarter, the Indianapolis-based manufacturer of transmissions and propulsion systems rode accelerating sales for rugged-duty, student transport, and hydraulic fracturing equipment.
Allison Transmission finishes lackluster year with bang
Allison Transmission Holdings Inc. kicked its fourth quarter into overdrive with a 70-percent increase in profit over the same quarter in 2012, the firm reported Thursday. But profit for the year was down significantly.
Allison falls short of earnings, revenue expectations
Allison Transmission Holdings Inc. on Monday reported a jump in profit in the third quarter despite sliding revenue.
PROXY CORNER: Allison Transmission Holdings Inc.
Allison Transmission Holdings Inc. designs and manufactures commercial and military fully automatic transmissions and hybrid-propulsion systems for transit buses. The company also sells replacement parts, support equipment and other service products.
Allison stock slips after owners reveal plan to sell shares
The primary investors in Allison Transmission Holdings Inc. are looking to lock in profits by unloading 16.6 million shares of the company for more than $350 million.
Gears slip for Allison Transmission in second quarter
Profit and revenue fell for Allison Transmission Holdings Inc. in its second quarter, as demand in its mining and military markets slipped.