Allison Transmission Holdings Inc. (ALSN) is a renowned global company focusing on the production of fully-automatic transmissions for medium and heavy-duty commercial vehicles and is a market leader in manufacturing hybrid-propulsion systems for city buses. The company's stock trades under the ticker ALSN on the New York Stock Exchange. Founded in 1915, Allison Transmission originated as part of the Indianapolis engineering company, Allison Engine Company, which played a significant role in preparing the US for World War II.
The company’s name comes from the founder, James A. Allison, who started with the production of race cars and later contributed significantly to America's efforts during both World Wars with his design of Liberty aircraft engines. The history of Allison Transmission has been bound up with the history of developments in transport engineering throughout the 20th century.
Allison Transmission's fully automatic transmissions can be found worldwide in a multitude of vehicles, making the company an essential part of the global commercial vehicle industry. Their primary users range from the distribution, refuse, construction, fire, and emergency among other markets. With an emphasis on delivering efficient power, seamless shifting, and a robust and reliable vehicle performance, Allison Transmission products are highly praised and recognized worldwide.
One of the key characteristics that makes Allison Transmission stand out is its commitment to innovation. The company was first to market 100% fully automatic transmission, setting the standard for commercial vehicle propulsion. They are constantly pushing the boundaries of technology, pioneering hybrid propulsion systems for transit buses and refuse trucks, electric hybrid, and fuel cell systems.
Furthermore, Allison Transmission takes their environmental responsibility very seriously. The company is devoted to making transport greener with their hybrid and electric powertrains for city buses, which can offer significant fuel savings and reduced emissions, contributing to cleaner, more sustainable urban environments.
With their dedication to continuous improvement and clear focus on meeting and exceeding customer's needs, Allison Transmission has established a solid reputation as a industry innovator and leader. The company is headquartered in Indianapolis, Indiana, with regional offices and production facilities throughout the world, supporting a strong global presence in over 80 countries.