The Latest Breaking News from Allison Transmission Holdings Inc

The auto parts industry is expected to thrive in the upcoming months, given the rise in new vehicle sales, soaring EV sales, and the integration of advanced automotive technology. Given this backdrop, quality auto parts stocks Allison Transmission Holdings (ALSN), Compagnie Générale des Établissements Michelin (MGDDY), Garrett Motion (GTX), and…

The auto industry is poised for substantial expansion, thanks to the swift technological advancements, heightened new vehicle sales, and increased use of rental vehicle services. Given this backdrop, quality auto stocks Ferrari N.V. (RACE), Credit Acceptance Corporation (CACC), and Allison Transmission Holdings (ALSN) could be solid buys in March. Read…

Due to lucrative government initiatives and growing demand for Electric Vehicles (EVs), the auto industry is poised to thrive in the foreseeable future. Given the significant prospects of the industry, auto stocks Advance Auto Parts (AAP) and Allison Transmission (ALSN) might be solid additions to one’s portfolio. Read on.

Industrial production is expected to grow amid the government’s boost to enhance domestic production. Also, the adoption of newer, more advanced technologies is likely to drive long-term growth in the industrial sector. Therefore, it may be worth adding industrial stocks Allison Transmission Holdings (ALSN) and Apogee Enterprises (APOG) to your…

Rapid technological advancement and the increasing shift toward electric vehicles have fostered strong demand for automotive parts. Since the market for automotive components is expected to remain elevated with subdued auto production, buying the dip in the quality auto-parts stocks Allison Transmission Holdings (ALSN), Ituran Location and Control (ITRN), and…

Allison Transmission Holdings Inc (NYSE:ALSN) is set to provide propulsion solutions for the U.S. Army's tactical wheeled vehicle program named the Common Tactical Truck (CTT).  CTT will replace more than 7,000 heavy trucks with more fuel-efficient vehicles. The arrangement is expected to provide over $150 million in revenue for Allison's defense end market.…

Allison Transmission Holdings Inc (NYSE:ALSN) has signed a partnership agreement with Bell Equipment Group Services (BELL) to integrate and evaluate the Allison TerraTran in the next generation of articulated dump trucks. "We look forward to evaluating TerraTran in our vehicles, as part of our effort to deliver enhanced drivability, gradeability and maneuverability for BELL customers,…

The demand for auto parts remains strong, as evidenced by surging e-commerce aftermarket sales. Despite deepening supply chain disruptions, strong demand and technological advancements in manufacturing processes should benefit the industry in the coming months. Therefore, we think it could be wise to scoop up quality auto parts stocks LKQ…