2017 News Releases

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Quarterly Results News Releases
DateTitle 
10/30/17Allison Transmission Announces Third Quarter 2017 Results
- Net Sales $595 million, GAAP Net Income $111 million, Adjusted EBITDA $241 million, GAAP Net Cash Provided by Operating Activities $215 million, Adjusted Free Cash Flow $195 million INDIANAPOLIS, Oct. 30, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today reported net sales for the third quarter of $595 million, a 37 percent increase from the same period in 2016. The increase in net sales ... 
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07/31/17Allison Transmission Announces Second Quarter 2017 Results
- Net Sales $580 million, Net Income $95 million, Adjusted EBITDA $225 million, Net Cash Provided by Operating Activities $166 million, Adjusted Free Cash Flow $154 million INDIANAPOLIS, July 31, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today reported net sales for the second quarter of $580 million, a 22 percent increase from the same period in 2016. The increase in net sales was princi... 
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04/26/17Allison Transmission Announces First Quarter 2017 Results
-- Net Sales $499 million, Net Income $83 million, Adjusted EBITDA $192 million, Net Cash Provided by Operating Activities $111 million, Adjusted Free Cash Flow $103 million INDIANAPOLIS , April 26, 2017 /PRNewswire/ --  Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial duty fully-automatic transmissions, today reported net sales for the first quarter of $499 million , an 8 percent increase from the same period in 2016.... 
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02/06/17Allison Transmission Announces Fourth Quarter and Full Year 2016 Results
- Fourth Quarter 2016: Net Sales $469 million, Net Income $61 million, Adjusted EBITDA $158 million, Net Cash Provided by Operating Activities $175 million, Adjusted Free Cash Flow $146 million - Full Year 2016: Net Sales $1,840 million, Net Income $215 million, Adjusted EBITDA $644 million, Net Cash Provided by Operating Activities $591 million, Adjusted Free Cash Flow $530 million INDIANAPOLIS, Feb. 6, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest glob... 
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Investor Conference Participation News Releases
DateTitle 
03/07/17Allison Transmission to present at Bank of America Merrill Lynch Global Industrials & EU Autos Conference
INDIANAPOLIS, March 7, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that David S. Graziosi, President, Chief Financial Officer and Treasurer, and G. Frederick Bohley III, Vice President, Finance, will present at the Bank of America Merrill Lynch Global Industrials & EU Autos Conference in London on Tuesday, March 21. The management team will present at 9:40 a.m. GMT (5:40 a.m. EDT).  The presentation materials and webc... 
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General Financial News Releases
DateTitle 
12/07/17Allison Transmission promotes Otto Szalavari to managing director of global marketing
INDIANAPOLIS, Dec. 7, 2017 /PRNewswire/ -- Allison Transmission today announced the promotion of Otto Szalavari to managing director of global marketing. He will be instrumental in driving growth through ongoing implementation and refinement of the company's marketing strategy.  "During his short period of time with Allison, Otto has more than proven his ability to tackle challenges and generate results," said John Coll, senior vice president for global mark... 
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11/10/17Allison reaches milestone with production of the 500,000th transmission in its 4000 Series™
INDIANAPOLIS, Nov. 10, 2017 /PRNewswire/ -- Allison Transmission today announced the production of its 500,000th fully automatic 4000 Series™ transmission. Benefiting a wide range of commercial-duty vehicles, the transmission series is used in applications that include refuse, construction, fire and emergency, distribution, coach and transit bus, and motorhomes. Allison began producing the 4000 Series transmission at its Indianapolis headquarters in 1993. To ... 
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11/08/17Allison Transmission announces increase in stock repurchase authorization and declares quarterly dividend
INDIANAPOLIS, Nov. 8, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its board of directors approved a new authorization under the Company's current stock repurchase program for the repurchase of up to an additional $500 million of the Company's outstanding common stock. The new authorization brings the total amount authorized under the program to $1.5 billion. The Company anticipates repurchasing its common stock under the stock repurchase program from... 
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10/26/17Allison Transmission expands reach in electric vehicle market in Latin America
New application with Volkswagen Caminhões e Ônibus is expected to commence testing in pilot fleets in 2018 INDIANAPOLIS, Oct. 26, 2017 /PRNewswire/ -- Allison Transmission today announced that Volkswagen Caminhões e Ônibus will be using the Allison automatic transmission in its fully electric e-Delivery truck. Volkswagen's e-Delivery is the first fully electric truck developed in Brazil and is equipped with an Allison 2100 Series™ transmission. The e-Deliv... 
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10/09/17Allison Transmission schedules third quarter 2017 earnings conference call
INDIANAPOLIS, Oct. 9, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that it will hold its third quarter 2017 financial results conference call on Tuesday, Oct. 31 at 8 a.m. EDT. Chairman and Chief Executive Officer Lawrence E. Dewey and President and Chief Financial Officer David S. Graziosi will review the company's financial performance for the period. The news release announcing the financial results will be issued postmarket on Monday, Oct. 30. ... 
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10/05/17Allison Transmission announces xFE models with technology to further increase fuel economy for its 1000 Series™ and 2000 Series™
Previously only available with select 3000 Series™ models, expanded xFE portfolio now enables smaller, medium-duty buses and trucks to also use even less fuel INDIANAPOLIS, Oct. 5, 2017 /PRNewswire/ -- Allison Transmission today announced availability of its latest fuel economy technology for its 1000 Series™ and 2000 Series™. Referred to as xFE, designating extra fuel economy, the fully automatic bus and truck transmissions have demonstrated improvements up to 7 percent when compared to base... 
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09/27/17Allison Transmission introduces next generation of advanced technology for fully automatic transmissions
New Allison nine-speed will provide reduced emissions, improved fuel economy and advanced stop-start capability ATLANTA, Sept. 27, 2017 /PRNewswire/ -- Allison Transmission today announced its first nine-speed model at the North American Commercial Vehicle Show in Atlanta. The innovative, fully automatic transmission, for medium- and heavy-duty vehicles, will be available globally and is targeted for release in 2020. "With this new transmission, Allison co... 
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09/26/17Allison Transmission closes $400 million senior notes offering
INDIANAPOLIS, Sept. 26, 2017 /PRNewswire/ -- Allison Transmission, Inc. (the "Issuer"), a wholly owned subsidiary of Allison Transmission Holdings, Inc. (NYSE: ALSN) ("Allison" or "the Company"), completed its previously announced offering of $400 million in aggregate principal amount of 4.750% Senior Notes due 2027 (the "Notes") in a private placement exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"). The Issuer will use the net proceeds from the offer... 
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09/21/17Allison Transmission Announces $300 Million Senior Notes Offering
INDIANAPOLIS, Sept. 21, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) ("Allison" or the "Company") today announced that its wholly owned subsidiary, Allison Transmission, Inc. (the "Issuer"), commenced an offering of $300 million in aggregate principal amount of senior unsecured notes due 2027 (the "Notes") in a private placement exempt from registration under the Securities Act of 1933, as amended (the "Securities Act"), subject to market conditions. The Notes will ... 
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08/30/17Allison Transmission announces David S. Graziosi as next CEO
After nearly 18 years leading the company, Lawrence E. Dewey will retire as longest-serving CEO on May 31; Graziosi currently serves as President and CFO INDIANAPOLIS, Aug. 30, 2017 /PRNewswire/ -- The board of directors for Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that President and Chief Financial Officer David S. Graziosi will succeed Chief Executive Officer Lawrence E. Dewey on June 1, 2018. "Larry is an exceptional leader who has successfully guided Allison t... 
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08/10/17Allison Transmission declares quarterly dividend
INDIANAPOLIS, Aug. 10, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) announced today that its board of directors declared a cash dividend of $0.15 per share on the Company's common stock for the third quarter of 2017. Payment will be made on Aug. 31, 2017 to stockholders of record at the close of business on Aug. 21, 2017. The payment of any future dividends will be at the discretion of the board of directors and will be dependent upon Allison Transmission's financial... 
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07/17/17Allison Transmission announces promotion of G. Frederick Bohley to Vice President, Finance and Treasurer
Raymond Posadas is appointed Director of Investor Relations INDIANAPOLIS, July 17, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced the promotion of G. Frederick Bohley, Vice President of Finance, to the additional role of Treasurer, where he will be responsible for the company's relationships with commercial bankers, senior secured credit facility lenders and revolver participants, debt investors and credit rating agencies.   ... 
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07/12/17Allison Transmission schedules second quarter 2017 earnings conference call
INDIANAPOLIS, July 12, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that it will hold its second quarter 2017 financial results conference call at 8 a.m. EDT on Aug. 1. Chairman and Chief Executive Officer Lawrence E. Dewey, and President and Chief Financial Officer David S. Graziosi will review the company's financial performance for the period. The news release announcing the financial results will be issued post-market on July 31. The dial-in phone... 
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05/11/17Allison Transmission declares quarterly dividend
INDIANAPOLIS, May 11, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the world's largest manufacturer of commercial-duty fully automatic transmissions, announced today that its board of directors declared a cash dividend of $0.15 per share on the Company's common stock for the second quarter of 2017. Payment will be made on May 26, 2017, to stockholders of record at the close of business on May 22, 2017. The payment of any future divide... 
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04/27/17Allison Transmission to present at Oppenheimer Annual Industrial Growth Conference
INDIANAPOLIS, April 27, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that G. Frederick Bohley III, vice president of finance, will present at The Oppenheimer 12th Annual Industrial Growth Conference at the Westin Grand Central Hotel in New York on May 9. Bohley will present at 10:45 a.m. EDT. The presentation materials and webcast will be available on the Allison website at http://ir.allisontransmission.com. A replay of... 
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04/19/17Allison Transmission and China National Heavy Duty Truck Group Corp. to evaluate strategic partnership
U.S. manufacturer of fully automatic transmissions and Chinese producer of commercial-duty trucks will assess opportunities to meet growing demand in China SHANGHAI, April 19, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) and China National Heavy Duty Truck Group Corp. Ltd. (CNHTC) today announced an agreement to explore a strategic partnership to optimize fully automatic transmission technologies for the Chinese market. Executives from both companies signed a cooperati... 
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04/12/17Allison Transmission schedules first quarter 2017 earnings conference call
INDIANAPOLIS, April 12, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that it will hold its first quarter 2017 financial results conference call on Thursday, April 27 at 8 a.m. EDT. Chairman and Chief Executive Officer Lawrence E. Dewey, and President, Chief Financial Officer and Treasurer David S. Graziosi will review the company's financial performance for the period. The news release announcing the financial results will be issued post market on Wednesda... 
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03/23/17Allison TC10® to be available in Kenworth and Peterbilt models this year
Fully automatic transmission for Class 8 tractors will be offered by PACCAR in the Kenworth T680 and T880, and Peterbilt 567 and 579 INDIANAPOLIS, March 23, 2017 /PRNewswire/ -- Allison Transmission today announced its TC10® for Class 8 tractors will be available from PACCAR later this year in the Kenworth T680 and T880, and Peterbilt 567 and 579 models. "We're pleased to partner with PACCAR to introduce our TC10 in their vehicles," said Heidi Schutte, vi... 
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03/14/17Allison Transmission announces FuelSense® 2.0 with DynActive™ Shifting
Latest version of fuel-saving technology offers a combination of upgraded features to further optimize fuel savings INDIANAPOLIS, March 14, 2017 /PRNewswire/ -- Allison Transmission today announced FuelSense® 2.0 featuring DynActive™ Shifting, delivering up to 6 percent additional fuel savings beyond the company's original FuelSense software. Available in three packages, FuelSense 2.0 allows fleets to optimize fuel economy and performance to their specific needs. ... 
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02/23/17Allison Transmission Declares Quarterly Dividend and Announces 2017 Annual Stockholders' Meeting and Record Date
INDIANAPOLIS, Feb. 23, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), today announced that its board of directors has declared a cash dividend of $0.15 per share on the Company's common stock for the first quarter of 2017. Payment will be made on March 15, 2017, to stockholders of record at the close of business on March 6, 2017. The payment of any future dividends will be at the discretion of the board of directors and will be dependen... 
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02/22/17Independent testing proves Allison 2500 transmission delivers 5 percent better fuel economy than Eaton Procision®
Allison fully automatic with FuelSense® beats Eaton dual clutch transmission in third-party analysis INDIANAPOLIS, Feb. 22, 2017 /PRNewswire/ -- Allison Transmission today announced results of certified, third-party testing that proves its fully automatic Allison 2500 with FuelSense® technology provides 5 percent better fuel economy than the Eaton Procision® dual clutch transmission (DCT). Assuming 50,000 miles per year at 7 mpg and $2.60 per gallon, fleet... 
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02/08/17Allison Transmission and Cummins receive certification from California Air Resources Board for model year 2017 H 40/50 EP™ system paired with B6.7 and L9 engines
Originally approved in 2014, Executive Order must be approved for eligibility on a model year basis INDIANAPOLIS, Feb. 8, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) and Cummins Inc. (NYSE: CMI) today announced certification from the California Air Resources Board (ARB) for model year 2017 Allison Hybrid H 40 EP™ / H 50 EP™ propulsion systems paired with the Cummins B6.7 and L9 diesel-electric hybrid engines used in transit buses and coaches. Originally issued by... 
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02/06/17Allison Transmission announces Stock Repurchase Agreement with ValueAct Capital and Cooperation Agreement with Ashe Capital
INDIANAPOLIS, Feb. 6, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that it has entered into a Stock Repurchase Agreement with ValueAct Capital Master Fund, L.P. ("ValueAct Capital") and has entered into a Cooperation Agreement with Ashe Capital Management LP ("Ashe Capital").  The Company also announced that William R. Harker of Ashe Capital will be nominated for election to the Company's board of directors at the Company's 2017 annual meeting of stockhold... 
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01/18/17Allison Transmission Schedules Fourth Quarter and Full Year 2016 Results Conference Call
INDIANAPOLIS, Jan. 18, 2017 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global provider of commercial-duty fully automatic transmissions, today announced that it will hold its fourth quarter and full year 2016 financial results conference call at 8:00 a.m. ET on Tuesday, Feb. 7. Chairman and Chief Executive Officer Lawrence E. Dewey; and President, Chief Financial Officer and Treasurer David S. Graziosi will review the company's financial performance for the peri... 
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