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Cummins announced that it is acquiring Meritor for $36.50/share in cash. Meritor brings a market-leading position in axles and brakes in commercial vehicles and further accelerates Cummins' efforts to consolidate ICE powertrain components. Meritor also brings very credible electri...
The financial performance so far in 2021 has been "meh" in my opinion. The company is obviously recovering from the pandemic-induced slump, but "recovering" is not "recovered." That said, the dividend is well covered in my view, and the shares are about 15% cheaper than when I last re...
Allison Transmission Holdings, Inc. (ALSN) Q4 2021 Earnings Conference Call February 16, 2022 5:00 PM ET Company Participants Ray Posadas – Managing Director of Investor Relations Dave Graziosi – Chairman and Chief Executive Officer Fred Bohley – Senior Vice President, Ch...
Allison Transmission Holdings press release (NYSE:ALSN): Q4 GAAP EPS of $1.15 beats by $0.24. Revenue of $644M (+20.4% Y/Y) beats by $50.95M. For further details see: Allison Transmission Holdings GAAP EPS of $1.15 beats by $0.24, revenue of $644M beats by $50.95M
Fourth Quarter Net Sales of $644 million, up 20% year over year Fourth Quarter Net Income of $118 million, up 97% year over year Fourth Quarter Diluted EPS of $1.15, up 117% year over year Full Year Net Sales of $2,402 million, up 15% Full Year Ne...
Allison Transmission (NYSE:ALSN) has partnered with New Flyer to bring electric hybrid buses to Nevada. Allison electric hybrid-equipped buses have been delivered to Southern Nevada Transit Coalition. Plans call for integration of Allison's next-generation eGen Flex electric hybrid propulsion...
Later this year, Southern Nevada Transit Coalition will introduce Allison’s next generation eGen Flex into its fleet, offering electric-only capability. Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehic...
New car production is expected to increase this year with the easing of supply chain disruptions and growing demand. This should propel the growth of the auto parts industry. Moreover, the increased demand for used cars is expected to benefit the auto parts industry. Given this backdrop, it c...
Compatible with dual fuel engines capable of running on natural gas, while offering increased horsepower and substantially reduced idle time, Allison’s FracTran TM offers a unique combination of versatility, power and efficiency Allison Transmission, a leading des...
This combination provides Class 8 tractor customers with optimized maneuverability, improved fuel economy, faster acceleration, and the lightest transmission in its class. Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propu...
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Allison Transmission Announces Second Quarter 2024 Results PR Newswire Record quarterly net sales of $816 million , up 4% year over year Diluted EPS of $2.13 , up 11% year over year Increasing full year 2024 revenue, earnings and cash flow guidance ...
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Allison Transmission Partners With Cummins to Conduct Successful Field Testing of New Natural Gas Engine PR Newswire INDIANAPOLIS , July 24, 2024 /PRNewswire/ -- Allison Transmission has partnered with Cummins to test and validate the new Cummins X15N 15-liter na...