Allison Transmission Holdings Inc.
Allison Transmission, a leading auto components manufacturer, has announced the acquisition of Dana's Off-Highway business in a strategic move to expand its emerging markets footprint, enhance core technologies, and drive strong financial results. The transaction, valued at approximately $2.7 billion, is expected to be immediately accretive to
Allison Transmission Holdings Inc.
Allison Transmission Holdings Inc. has entered into a definitive agreement to acquire the off-highway business of Dana Incorporated 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
Allison Transmission Holdings Inc.
Dana Incorporated, a leading supplier of highly efficient propulsion and energy-management solutions, has entered into a definitive agreement to sell its Off-Highway business to Allison Transmission Holdings, Inc. for $2.7 billion. This transaction is a critical step in Dana's transformation, strengthening its balance sheet, reducing complexity in
Allison Transmission Holdings Inc.
Allison Transmission's venture capital arm, Allison Ventures, has made a strategic investment in Agtonomy, a software and services company specializing in advanced autonomous and AI solutions for agriculture and industrial applications. This investment will support Agtonomy in enhancing commercial productivity and operational efficiency through advanced automation and connectivity.
Allison Transmission Holdings Inc.
Allison Transmission Holdings Inc., a leading global designer and manufacturer of commercial vehicle transmission systems, announced its second quarter financial results, exceeding expectations with a quarterly record of $816 million in net sales. The increase was primarily driven by strong demand for Class 8 vocational vehicles and medium-duty trucks in
Allison Transmission Holdings Inc.
Allison Transmission Holdings Inc. has announced its second quarter financial results, with net sales reaching a record $816 million. This quarterly record was driven by an all-time high in net sales of $456 million in the North America On-Highway end market. The company attributes the success to unprecedented demand for
